Association “Ukrainian Union of Lessors” conducted a leasing seminar for State Commission for regulation of financial services markets of Ukraine: «Leasing: essence, current problems, necessity of development». The event was held within the cooperation Memorandum which was signed before.

The lectures were delivered by the members of Association Board, national and international practitioners and experts of leasing market.

Speakers talked about leasing peculiarities in Ukraine, international experience, problems of discriminatory taxation for lessors. It was underlined that leasing companies must have equal rules with other financial intermediaries, and that its role in the development of enterprise and capital assets renewal in the country should be higher. For example, on average every third car around Europe is financed through leasing, with average leasing penetration rate is more than 27%, while in Ukraine this index does not exceed 2% .

The participants of the seminar thoroughly examined Association’s legal initiatives which had been supported by the Commission during the discussion in the Committees of Verkhovna Rada (Ukrainian Parliament).  Further cooperation on such initiatives shall be carried out by the parties in the future.

Summarizing the event, Valentina Levchenko, deputy head of Commission, thanked the representatives of UUL Association for important work and called the colleagues to apply the knowledge for further improvement of terms of provision of leasing services in Ukraine.