The Leasing Market in Romania

Munteanu Irena ()
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Munteanu Irena: Faculty of Economic Sciences „Ovidius” University of Constanta

Ovidius University Annals, Economic Sciences Series, 2012, vol. XII, issue 1, 1559-1562

Abstract: The leasing market in Romania is made up of thousands of businesses that meet the two conditions required by law for operators in this market, namely: inclusion of "leasing activity" in the subject of activity and social a capital of RON 50.000, more than 270 companies are active 39 and have notified the National Bank of Romania (NBR) as being finance leases, and of these 34 members ASLR, holding a market share of approx. 48%. The leasing market in Romania is structured (and percentage in the ASLR): (i) leasing companies affiliated to banks (30%); (ii)leasing companies affiliated to producers or suppliers of products (15%); (iii) independent leasing companies (55%). Recent legislative changes have led to cancellation of tax incentives for leasing operations. The paper captured the effects on the leasing market in Romania.

Keywords: leasing; leasing market; loan (search for similar items in EconPapers)
JEL-codes: G10 G21 (search for similar items in EconPapers)
Date: 2012
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