Romania’s financial leasing market recorded new contracts worth EUR 1.3 billion at end-2014, up 7% over the same period in 2013.

Financing for vehicles represented 76% and amounted to EUR 1 billion, funds for equipment reached EUR 282 million (21%) while those for real estate, EUR 41 million (3%).

In terms of new volumes financed, vehicles registered a 14% year-on-year growth, and a 5% increase as a percentage of the total funding, reports local Wall-street.ro.

Financing for agricultural equipment grew from 23% to 26% at the end of 2014.

Funding for the real estate sector maintains the historical low recorded in 2012 and 2013, similar to the general context of Romania’s property market.

editor@romania-insider.com