Scientific paper ID 2563 : 2024/3

Increased interest rates and their impact on the leasing market state is an extremely topical subject given the increased levels of the European Euribor index as a result of the alarming inflation rise that began in 2021.

The purpose of the scientific report is to analyse the state of the leasing services market in the Republic of Bulgaria for the period between 2017 and 2023 outlining the development trends in the context of increased interest rates. In terms of structure and content the net values of lease receivables are examined by types of assets and by institutional sectors with an emphasis on trucks and light trucks. The amount of financing for new business is analysed as a significant indicator of the leasing market state. In summary, the results of the research have been concluded and they show a hesitation in the leasing market’s development, some negative trends and slowed development rates for 2022 and 2023 compared to previous periods. Price increase in the leased assets or liabilities is highlighted as a possible and logical reason by raising interest rates.