The Expert RA rating agency summarised leasing market developments in 1H12
According to the agency, the Russian leasing market continues to grow rapidly despite conservative forecasts and uneasiness in the capital markets.
New deals grew by 34% in 1H12, totalling RUR 712 billion (early this year, market players expected growth to be lower than 20%).
As of 07.01.2012, the total leasing portfolio was RUR 2.1 trillion. The cost of equipment under new deals reached RUR 388 billion (EUR 9.6 billion) net of VAT (calculated using the Leaseurope method).
OOO Raiffeisen-Leasing was ranked 17th in leasing portfolio volume and 19th in the new business index.
At the end of 1H12, OOO Raiffeisen-Leasing was a leader by leasing portfolio volume, taking second place in new business among universal foreign capital leasing companies.