LEASING MARKET IN KAZAKHSTAN: REALITIES AND NEW CHALLENGES

Abstract

The purpose of the paper is to develop proposals for development of the market of Kazakhstan's leasing services, based on current research and analysis of their key features, taking into account trends in the EAEU countries.Methodology. In this paper there were used following methods of data analysis: logical methods of researching information on the market (which made it possible to identify key trends in development), qualitative and quantitative data analysis, as well as a graphical visualization method. At the same time, the widespread use of statistical methods of economic market analysis based on data from the EAEU countries made it possible to show promising opportunities for the development of the national sector.Originality / value of the research. Identification of the main trends and problems in the development of leasing services in Kazakhstan and in the EAEU countries in order to identify opportunities for expanding business investment instruments. The paper presents a comparative analysis of the leasing sector indicators, which makes it possible to identify similar and contradictory trends for countries that once had the same basic conditions for development.Findings. In Kazakhstan, there is a revival of the market for leasing services, even despite the crisis events against the pandemic. The influence of quasi-state leasing companies on the market discourages the development of private business in this financial services sector. The need to expand the range of leasing services and qualitatively update the mechanisms for financing private leasing companies will allow the Kazakhstani market to become competitive in the system of the EAEU countries.