Nowadays the Ukrainian Leasing Market has expanded rapidly over the past two years, following the enactment of a new Law on Leasing. It has substantial potential for further growth as the market is still immature as compared to other similar countries. The barriers to entry into the leasing market are relatively easy and this situation has led to growing competition with strong foreign capital flows into the sector.

Nowadays leasing is one of effective ways to buy new and renew fixed capital stock. In conditions of insufficient investments, lack of long-term financing financial leasing becomes more attractive for industry and trade development.

Estimating leasing market growth in Ukraine, it is necessary to note its positive trend. So, if the leasing market has made approximately 500 million US dollars in 2006, thus in 2007 it was expected $1 billion. The final results of leasing market volume are still unknown. But we can suppose that it is higher. For example Raiffeisen Leasing Aval planned to make portfolio about 60 million EURO by the end of 2007, but in fact as the November it has already made about 85 million EURO!

Sharing opinion of many leading leasing market experts – today there is insufficient qualitative capital assets necessary for economical development. Many small and medium enterprises prefer such kind of financing as leasing.

During 2008 Raiffeisen Leasing Aval will continue to improve its products and services. The main directions of activity will be services of all spectrums of leasing, and also additional accompanying services.