{"id":5906,"date":"2019-09-19T15:11:45","date_gmt":"2019-09-19T12:11:45","guid":{"rendered":"http:\/\/uul.com.ua\/?p=5906"},"modified":"2019-12-03T14:12:28","modified_gmt":"2019-12-03T12:12:28","slug":"press-release-19-09-2019","status":"publish","type":"post","link":"https:\/\/uul.com.ua\/en\/2019\/press-release-19-09-2019\/","title":{"rendered":"According to the results of the first half of 2019, the leasing market continues to grow steadily, and the share of members of the Association “Ukrainian Association of Lessors” is predominant: in the portfolio 79%, in the new business 61%"},"content":{"rendered":"

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<\/b><\/span><\/p>\n\n\n\n

PRESS RELEASE<\/p>\n\n\n\n

September 19, 2019, Kyiv, Ukraine <\/p>\n\n\n\n

Financial leasing market continues to grow in Ukraine. The decisive contribution to the positive trend is made by companies, members of the professional association of lessors. They show the highest dynamics of development: + 41.9% * under existing contracts (against +3.3% ** of all-Ukrainian growth rates), and + 37.2% under newly concluded contracts against + 12.2% (compared to I half of 2018). The main leasing sectors are transport and agriculture. The same dynamics are observed in the processing and food industries, as well as in the computer and telecommunications industries. <\/em><\/strong><\/p>\n\n\n\n

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CONCLUDED CONTRACTS in the first half of 2019<\/strong>: Agriculture (+ 25.3%) and transport (+ 4.3%) are the main sectors of contract value compared to the same period in 2018. Together they form about 53% of the total cost. Areas with the highest growth dynamics: processing (+ 108.5%), food (+ 83.1%), computer and telecommunications (+ 74.7%). The sectors with the highest deceleration are: light industry (-97.1%), metallurgy (-75.5%), health care (-75%). The dynamics of contract value growth slowed down from 89.0% to 12.2%, while the dynamics of contract value slowed down from 19.4% to 12.4%. Legal entities – lessors hold 97.0% of the total value of the contracts and 70.5% of the total value of the contracts. The most common contract validity period is from 2 to 5 years for UAH 8.5 billion, which is almost 69% of all concluded contracts.<\/p>\n\n\n\n

EXISTING CONTRACTS in the 1st half of 2019<\/strong>: Compared to the same period of\n2018, the main sectors for the value of contracts were transport (-2%) and\nagriculture (+ 1.3%). Together they form about 47% of the total cost. Areas\nwith the highest growth dynamics: computer and telecommunications (+ 188.8%),\nmanufacturing (+ 170.6%), metallurgy (+ 24.9%). The sectors with the highest\ndeceleration are: light industry (-98.9%), chemical industry (-25.1%), food\nindustry (-20.9%). The dynamics of contract value growth slowed from 15.2% to\n3.3%, and the dynamics of their contraction accelerated from -2.2% to 7.0%.\nLegal entities – lessors retain 98.6% of the total value of contracts and 96.4%\nof their total value. The most common contract validity period is from 2 to 5\nyears, amounting to UAH 18.9 billion, which is 69% of all contracts concluded.<\/p>\n\n\n\n

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The\nconditions for conducting leasing activities are expected to improve\nsignificantly, subject to the adoption by the Verkhovna Rada of the bills\ninitiated by Ukrainian Union of Lessors in August this year – Law # 1111 on\nFinancial Leasing and Law # 1218 on Amendments to the Tax Code.<\/p>\n\n\n\n

* - figures are given according to the National Financial Services Commission
** - figures are given by the National Financial Services Commission and the Association of Lessors. <\/pre>\n\n\n\n
Reference:<\/p>\n\n\n\n
Association \u201cUkrainian Union of Lessors\u201d was established in 2005 as a voluntary association of professional participants in the leasing market. The main objective of the Association is \u201cto promote the development of an open and equally accessible market for operational and financial leasing in Ukraine by coordinating the activities of enterprises that have united to protect common interests.\u201d At the same time, it was announced that the Union would not serve to reach any agreement among its members on the distribution of the leasing market. The Association is a part of the LEASEUROPE <\/strong><\/a>Confederation with its headquarters in Brussels, bringing together the Associations of 31 European countries. The Association includes participants that generate more than 80% of the Ukrainian leasing portfolio. Association \u201cUkrainian Logistics Alliance\u201d was organized in 2005 by Ukrainian logistics companies to develop a logistics environment based on the principles of fair competition. Combining the efforts of various logistical organizations and enterprises helps to achieve the most effective results in the activities of the Association. <\/p>","protected":false},"excerpt":{"rendered":"
PRESS RELEASE September 19, 2019, Kyiv, Ukraine Financial leasing market continues to grow in Ukraine. The decisive contribution to the positive trend is made by companies, members of the professional association of lessors. They show […]<\/a><\/p>\n<\/div>","protected":false},"author":8,"featured_media":5907,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,160],"tags":[222,216,217,220,218,219,221,162,223,215,124,190,192,56,189,128,17,191,96,193,92,198],"_links":{"self":[{"href":"https:\/\/uul.com.ua\/en\/wp-json\/wp\/v2\/posts\/5906"}],"collection":[{"href":"https:\/\/uul.com.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uul.com.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uul.com.ua\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/uul.com.ua\/en\/wp-json\/wp\/v2\/comments?post=5906"}],"version-history":[{"count":13,"href":"https:\/\/uul.com.ua\/en\/wp-json\/wp\/v2\/posts\/5906\/revisions"}],"predecessor-version":[{"id":6382,"href":"https:\/\/uul.com.ua\/en\/wp-json\/wp\/v2\/posts\/5906\/revisions\/6382"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uul.com.ua\/en\/wp-json\/wp\/v2\/media\/5907"}],"wp:attachment":[{"href":"https:\/\/uul.com.ua\/en\/wp-json\/wp\/v2\/media?parent=5906"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uul.com.ua\/en\/wp-json\/wp\/v2\/categories?post=5906"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uul.com.ua\/en\/wp-json\/wp\/v2\/tags?post=5906"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}