About 90 % of the Macedonian financial market place is shared between 19 banks, 12 savings banks and insurance and leasing companies, with foreign investors playing a major role. The Macedonian leasing market is still in a formative stage, but vehicle leasing has been extremely well received and is growing at a furious pace. Expected expansion of industrial production will set the stage in the near future for dynamic growth of equipment leasing as well. Economic growth, rising industrial production and low inflation create a favourable climate for finance and operating leasing.