Leasing company BCR Leasing recorded a 42% advance in the value of financings granted, in the first nine months of this year.

The growth was generated by higher sales on all the categories of financed goods.

The value of the assets financed by BCR Leasing reached the equivalent of EUR 171 million, EUR 20 million of which represented the operational leasing. The best results were recorded on the car leasing segment (66%), followed by light commercial vehicle leasing (+37%), and heavy commercial vehicle leasing (+33%). Equipment leasing also increased by 37%.

This growth trend was also visible in the company’s profitability. BCR Leasing saw a net profit of EUR 5.5 million in the first nine months of the year.

The vehicles financial leasing represented 82% of the company’s portfolio whereas the equipment and machinery accounted for 18% of the portfolio.

BCR Leasing is part of BCR group, which is controlled by Austrian group Erste.

editor@romania-insider.com