Abstract:
The article describes the impact of the current crisis on the lease industry in Russia and gives estimation of lease market volatility, including variability of new lease business value, lease portfolio size and market structure. The author considers cooperation strategies that lease market players use in the crisis period and specifies factors that worsen lease portfolio quality taking into account doubtful and problem corporate debt. The lease effect on macroeconomic proportions is analyzed with calculation of lease capacity of investment and GDP. Comparative analysis of lease concentration in Russia and other European countries is presented. The authors model of lessors specialization is offered as well as a new model of defining formation of lessors leverage.