Особенности развития лизинга в России в условиях финансового кризиса

Leasing is a relatively recent instrument in our country however its rapid development has made it one of the most important segments of the Russian economy. The study of the leasing market in Russia showed the following trend: the volume of leasing contracts has been steadily increasing as evidenced by the data from the Federal Statistics Service of the Russian Federation. The main trend of the leasing market for the 1st half-year of 2014 is continued extension of “retail” transactions; this was caused by the reduction of large transactions in the market and the change-over to leasing of those bank customers who received credit denials. The percentage of small and medium business in this new business for 9 months of the current year made about 53%, and that of large business decreased to 45%. The largest segment of the market car leasing has strengthened the positions. The percentage of operative leasing did not undergo serious changes and made, according to the “Expert RA” estimates, about 8-10%. The total leasing portfolio as of 01.10.2014 is equal to 2.95 trillion rubles. VEBLeasing Company became the leader of the market for 9 months of 2014. There were not any significant changes in the market’s structure: the percentage of the state leasing companies made 45%, and that of private companies 55%. It is explained by the reduction of large deals where partially government-owned companies are engaged. The research revealed quite serious problems in the sphere of leasing activity: imperfection of the legislation, low solvency of clients, competition growth, lack of insurance system, the economic situation in the country, and foreign policy issues. We believe that the solution of these problems will promote the increase the level of leasing market development in Russia.