UniCredit Leasing finances goods worth EUR 70 mln in Q1, up 31 pct

Newsroom 26/05/2015 | 11:20

After the first three months of the year, UniCredit Leasing Corporation IFN SA maintained its market share (18.3 percent), and also its leading position among the companies in the field. After a 2014 in which the share of commercial vehicles and vans climbed in the portfolio compared to the previous year by 13 percent to 40 percent, in the first three months of 2015 the increase has continued to a level of 46 percent.

“We aimed at maintaining our market share, at improving the quality of services provided to our customers and at expanding our partnerships with the suppliers. We focus on the small and medium companies where financing is needed for a steady economic growth. The partnership with the European Investment Bank is one of the actions that we took last year for this purpose,” stated in a release Antoaneta Curteanu, CEO UniCredit Leasing Corporation.

The value of goods financed by UniCredit Leasing Corporation amounted, in the first quarter, to EUR 69.8 million, 31 percent more than in the same period of 2014. Last year, commercial vehicles and vans accounted for 40 percent of the portfolio, compared to 27 percent in 2013.

In the first quarter of this year, the commercial vehicles and vans represent 46 percent of the company’s portfolio, compared to 45 percent in Q1, 2014.

For the rest of the year, UniCredit Leasing Corporation aims to increase the financed volumes, by supporting the customers’ businesses.