FINANCIAL VS OPERATIONAL LEASING –THE ROMANIAN EVIDENCE

Abstract

Leasing is an important source of medium and long-term financing in developed economies and also in countries with transition economies because leasing is an economically-efficient solution to the question of asset acquisition. Leasing is particularly important in financing to small and medium-sized enterprises and start-ups, which play a key role in introducing innovation and competition into the economy and in job creation. The Romanian leasing market is developing in present and is extending to new fields, conquering a part of the fields which belong to the banks. In the same time, the sector will get to maturisation, the small firms will merge and will form important firms.leasing, operational leasing, financial leasing, Romanian leasing market