Financing of Leasing Projects in Conditions of Macroeconomic Instability

Abstract

The study identifies the place of leasing in the Russian financial system, and evaluates the dependence of the volume of new business in the leasing industry on such macroeconomic indicators as the GDP growth rate and the level of the key rate in the country. The volume of a new business is as a numerical indicator showing the amount of transactions concluded over a certain period for which purchased equipment was leased. This information might be useful for the leasing companies to set goals for the volume of leasing projects, based on the macroeconomic situation, and to assess their risks. The object of the study is the Russian leasing market (a set of leasing projects), including the relationship of leasing companies with other financial institutions — banks and insurance companies; the subject is the volume of new business.