MATEC Web Conf.
Volume 212, 20182018 International Scientific Conference “Investment, Construction, Real Estate: New Technologies and Special-Purpose Development Priorities” (ICRE 2018)
|Number of page(s)
|Economics and Investment Attractiveness
|15 October 2018
Stimulating the accumulation of deposits in banks to finance the construction industry of the European Union
Baikal State University, 664003, Lenina str., 11, Irkutsk, Russia
* Corresponding author: email@example.com
The paper is devoted to the search for a way of development of the construction industry by the deposits in banks. The analysis of the eurozone statistics has shown that most of the deposits are short-term ones. In addition, loans for the purchase of housing and loans to non-financial corporations are issued mainly for up to one year. This constrains the demand for housing and construction projects, limits the opportunities for long-term crediting construction companies, and also causes Juglar’s economic cycles. In this regard, measures are needed to make the financial plans of all stakeholders on the construction market lengthier. The author proposes to create the targeted deposits in banks under collateral in the form of buildings, structures, and infrastructure facilities. This will increase the propensity to save and invest free money in the construction industry.
© The Authors, published by EDP Sciences, 2018
This is an open access article distributed under the terms of the Creative Commons Attribution License 4.0 (http://creativecommons.org/licenses/by/4.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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