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Leasing in Poland – privatization, financing and current problems

Simon S. Gao (Senior Lecturer in the Department of Risk and Financial Services at Glasgow Caledonian University, Glasgow.)

European Business Review

ISSN: 0955-534X

Article publication date: 1 October 1995

2003

Abstract

Discusses leasing in Poland with a focus on leasing privatization arrangements and leasing finance, and analyses current major problems involved. On the one hand, leasing has been used in Poland as a means of privatizing the state‐owned enterprises and has been considered as one of the best ways to facilitate privatization. On the other hand, leasing as an alternative approach to financing is a small‐scale business, and the leasing market is underdeveloped. The current ten major problems facing the Polish leasing industry highlighted in this article are bound up with the transformation of the whole economy. Generally, leasing business in Poland faces relatively high risk. The solutions to the current problems are not easily found, and assistance from the West is urgently needed.

Keywords

Citation

Gao, S.S. (1995), "Leasing in Poland – privatization, financing and current problems", European Business Review, Vol. 95 No. 5, pp. 31-40. https://doi.org/10.1108/09555349510096126

Publisher

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MCB UP Ltd

Copyright © 1995, MCB UP Limited

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