Bank Lending as a Source of Investment for the Structural Transformation of the Russian Economy

In the context of a complex set of economic sanctions and persistently high borrowing costs, the issue of fi-nancing the structural transformation of the Russian economy has become increasingly acute. This necessity is acknowledged by both the scientific community and governmental authorities. Consequently, there remains a significant demand for financial support to boost investment activity in the real sector, particularly through bank lending. This article identifies the main trends and potential risks associated with corporate lending in banks amid the ongoing stringent monetary policy of the Bank of Russia. Analysis of the development of stimulating banking regulation is conducted, along with an assessment of the measures implemented by the state to sup-port bank lending to manufacturing enterprises. Additionally, the article proposes directions for increasing the effectiveness of lending practices, taking into account the specific characteristics of the structure of industrial investments and the impact of state support instruments.