Preview

Central Asian Economic Review

Advanced search

LEASING MARKET IN KAZAKHSTAN: REALITIES AND NEW CHALLENGES

https://doi.org/10.52821/2789-4401-2021-5-115-126

Abstract

The purpose of the paper is to develop proposals for development of the market of Kazakhstan's leasing services, based on current research and analysis of their key features, taking into account trends in the EAEU countries.

Methodology. In this paper there were used following methods of data analysis: logical methods of researching information on the market (which made it possible to identify key trends in development), qualitative and quantitative data analysis, as well as a graphical visualization method. At the same time, the widespread use of statistical methods of economic market analysis based on data from the EAEU countries made it possible to show promising opportunities for the development of the national sector.

Originality / value of the research. Identification of the main trends and problems in the development of leasing services in Kazakhstan and in the EAEU countries in order to identify opportunities for expanding business investment instruments. The paper presents a comparative analysis of the leasing sector indicators, which makes it possible to identify similar and contradictory trends for countries that once had the same basic conditions for development.

Findings. In Kazakhstan, there is a revival of the market for leasing services, even despite the crisis events against the pandemic. The influence of quasi-state leasing companies on the market discourages the development of private business in this financial services sector. The need to expand the range of leasing services and qualitatively update the mechanisms for financing private leasing companies will allow the Kazakhstani market to become competitive in the system of the EAEU countries.

About the Authors

S. Urpeshanov
https://forteleasing.kz/our-staff/#01_pravlenie
АО «ForteLeasing»
Kazakhstan

Almaty



A. Adambekova
Narxoz University
Kazakhstan

Almaty



References

1. Statistical data of Kazakhstan. (2021). Website of the Bureau of national statistics of the Agency for strategic planning and reforms of the Republic of Kazakhstan. Retrieved October 1, 2021, from https://stat.gov.kz/search (In Russian).

2. Domnin, S. (May, 2021). Ob"em novogo rynka lizinga v 2020 godu v Kazahstane uvelichilsya na 29 %. Kursiv.kz. Retrieved October 5, 2021, from https://kursiv.kz/news/otraslevye-temy/2021-05/kursivresearch-obem-novogo-rynka-lizinga-v-2020-godu-v-kazakhstane (In Russian).

3. Mokejcheva, M. (September, 2021). Lizing vzbodrilsya. Drajverom rynka ostaetsya gruzovoj i legkovoj avtotransport. Frontalka.Ru. Retrieved October 8, 2021, from https://www.fontanka.ru/2021/09/06/70119533/ (In Russian).

4. Galushko, M. (June, 2021). Lizing v Kazahstane: kuda rastet rynok? Ekonomist. Retrieved October 1, 2021, from https://ekonomist.kz/domnin/lizing-v-kazahstane-kuda-rastet-rynok/ (In Russian).

5. Huseynova, S. M. (2021). Directions of Formation of Favorable Competitive Environment in Azerbaijan’s Leasing Services Market. Universal Journal of Accounting and Finance, 9(1), 116-121, DOI: 10.13189/ujaf.2021.090112.

6. Analiz rynka lizingovyh kompanij Kazahstana. (May, 2021). Damu Entrepreneurship Development Fund JSC website. Retrieved October 10, 2021, from https://damu.kz/poleznaya-informatsiya/informatsiyafonda/analitika/ (In Russian).

7. Malova, T. and Kokurin, A. V. (2014). Lizingovoe fi nansirovanie i perspektivy ego razvitiya v postkrizisnyj period. “The Academic Journal of Moscow City University”, series “Economics”, 2(1), 68-77 (In Russian).

8. Kapranova, L. (2021). Investicii v lizing: problemy i perspektivy razvitiya lizinga. National Interests: Priorities and Security, 17(1), 39-66 (In Russian).

9. Afanaseva, N. (2020). Raznovidnosti lizinga: lizing nedvizhimosti, lizing oborudovaniya i lizing transportnyh sredstv, ih skhodstva i razlichiya. Molodoj uchenyj: seriya Ekonomika i upravlenie, 47(337), 80-83 (In Russian).

10. Kaposty, F., Klein, P., Löderbusch, M. and Pfi ngsten, A. (2021). Loss given default in SME leasing. Review of Managerial Science. Springer Science and Business Media LLC, DOI: 10.1007/s11846-021-00486-5.

11. Sovetkina, Z., Korshunov, R. and Saraev, A. (2021). Prognoz rynka lizinga na 2021 god: operativnaya transformaciya. Rating agency Expert, Leasing market. Retrieved October 14, 2021, from https://www.raexpert.ru/researches/leasing/2020/ (In Russian).

12. Lizingovyj rynok zarubezhnyh stran. (2021). Industrial development fund JSC website. Retrieved October 18, 2021, from https://idfrk.kz/ru/investors/analytics/ (In Russian).

13. Statistical data of Kazakhstan. (2021). Website of the Bureau of national statistics of the Agency for strategic planning and reforms of the Republic of Kazakhstan. Retrieved October 1, 2021, from https://stat.gov.kz/search (In Russian).

14. Statisticheskie dannye EAES. (n.d.). Offi cial website of the Eurasian Economic Commission. Retrieved October 16, 2021, from http://www.eurasiancommission.org/ru/act/integr_i_makroec/dep_stat/union_stat/Pages/default.aspx (In Russian).

15. Ob utverzhdenii Gosudarstvennoj programmy industrial'no-innovacionnogo razvitiya Respubliki Kazahstan na 2020-2025 gody Postanovlenie Pravitel'stva Respubliki Kazahstan ot 31 dekabrya 2019 goda № 1050. (2019). Adіlet. Retrieved October 3, 2021, from https://adilet.zan.kz/rus/docs/P1900001050 (In Russian).

16. Ob utverzhdenii Gosudarstvennoj programmy podderzhki i razvitiya biznesa "Dorozhnaya karta biznesa-2025" Postanovlenie Pravitel'stva Respubliki Kazahstana ot 24 dekabrya 2019 goda № 968. (2019). Adіlet. Retrieved October 14, 2021, from https://adilet.zan.kz/rus/docs/P1900000968 (In Russian).

17. Ob utverzhdenii Gosudarstvennoj programmy infrastrukturnogo razvitiya "Nұrly zhol" na 2020-2025 gody Postanovlenie Pravitel'stva Respubliki Kazahstan ot 31 dekabrya 2019 goda № 1055. (2019A)d. іlet. Retrieved October 7, 2021, from https://adilet.zan.kz/rus/docs/P1900001055 (In Russian).

18. Adambekova, A. A. and Andekina, R. E. (2013). Financial market and its defi nitions: Transformation of scientifi c concepts. World Applied Sciences Journal, 27, 12-16, DOI: 10.5829/idosi.wasj.2013.27.elelc.3.

19. V novye predpriyatiya planiruyut vlozhit' 11 trln tenge. (2021). Kapital.kz. Retrieved October 14, 2021, from https://kapital.kz/economic/100104/v-novyye-predpriyatiya-planiruyut-vlozhit-11-trln-tenge.html (In Russian).

20. Avtorynok RK itogi 2020 goda v cifrah. (2021). The Association of Kazakhstan Automobile Business (AKAB) website. Retrieved October 3, 2021 https://akab.kz/avtorynok-rk-itogi-2020-goda-v-czifrah/ (In Russian).


Review

For citations:


Urpeshanov S., Adambekova A. LEASING MARKET IN KAZAKHSTAN: REALITIES AND NEW CHALLENGES. Central Asian Economic Review. 2021;(5):115-126. (In Russ.) https://doi.org/10.52821/2789-4401-2021-5-115-126

Views: 1847


Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 License.


ISSN 2789-4398 (Print)
ISSN 2789-4401 (Online)