Romanian financial leasing market increased by 16%, to Euro 769 million

Trimite stirea unui prieten
Nume *
E-mail *
E-mail prieten *
Cod validare * Turing Number
Tastati codul din imagine (doar cifre)

Autor: Bancherul.ro
2015-08-11 21:06

As of June 30th, 2015, the Romanian financial leasing market registered a new financed volume amounting at 769 million Euro, i.e. an increase of 16% compared with the same period of 2014, said the Financial Companies Association in Romania – ALB, in a statement.

The distribution by types of assets was as follows:
- 77.5 % (596 million Euro) for vehicles;
- 20% (154 million Euro) for equipment;
- 2.5% (19 million Euro) for real estate.

At the level of new financed volumes, the vehicles have recorded an 18% increase compared to the same period of 2014.

From the point of view of the financing per vehicles categories, weights remained at a constant level compared to the same period of last year, with the passenger cars still representing a majority of 47% out of the total new financed volume for vehicles, followed by the heavy commercial vehicles, with 41%, the light commercial vehicles with 10%, as well as other vehicle categories (2%).

„The first semester results confirm our expectations for a positive evolution of the leasing market in 2015 under a climate favorable for the growth in all sectors that are important for the economy.

The car market has been financed by financial leasing with 600 million euros in the first semester of this year, the vehicle segment representing still the main growth engine of the industry, however supported by another very important element, namely the growth of the leasing notoriety among the companies, the number of SMEs that have used the financial leasing services recording an increase this year compared to 2014.” said Felix Daniliuc, ALB President.

Compared to the same period of 2014, the end of the first half of 2015 registered an increase of the construction field (from 14% to 22%), similar to the financing of medical equipment (from 5% to 10%) and to the food and beverage industry (from 5% to 7%). The financing of the agricultural equipment sector maintains the same high level, representing a majority of 27% out of the total equipment financed through financial leasing.

The quota of other industries equipment financing is decreasing as it follows: the wood processing equipment financing from 6% to 3%, the financing of electric power technologies from 7% to 3% and the metal processing industry from 7% to 6%.

The financing of the other economic sectors has still a relatively constant weight. The real estate sector, maintains its historically low rate as in 2013 and 2014, at 2.5%, in accordance with the general context of the real estate market in Romania.

The legal clients attracted the largest part (98%) of the total financings, followed by individuals (2%). The majority of legal entities which use financial leasing as a financing source for their necessary business purchases are the SMEs. The public-private partnership (PPP) registered a share of 0% indicating the lack of appetite for this financing model of public investment projects nationwide.

The most frequent period of the leasing contracts is 4-5 years (33%), followed by 3-4 years with (23%), 2-3 years (18%), 5-7 years (12%), 1-2 years (8%), 1 year (4%) and 7-15 years (2%). This last period is characteristic for the financing of the real estate market.

The biggest market quota is registered by the sector of the banks’ subsidiaries, with 81% out of the total, followed by the captive companies sector with 15% and by the independent companies sector with 4%.

Based on statistics, ALB represents 86% out of the total financial leasing market in Romania. ALB is member of the European Federation of the Leasing Associations – Leaseurope and coordinates the CEE Cluster of Leaseurope at the level of the Secretary General.


Adauga un comentariu
Nume *:

E-mail *:
(nu se afiseaza pe site)

Turing Number

Tastati codul din imagine (doar cifre)  

Adauga un comentariu folosind contul de Facebook

Alte stiri din categoria: ENGLISH

Agreement between National Bank of Greece and Export-Import Bank of Romania for the sale of Banca Romaneasca

National Bank of Greece (“NBG”) announces the signing of a definitive agreement with ExportImport Bank of Romania (“EximBank”) for the sale of its 99.28% stake in Banca Romaneasca (“BROM”). The Transaction is expected to increase NBG’s CET1 ratio detalii

Banca Transilvania financial results as at December 31, 2018

BT’s Preliminary Financial Results as at December 31, 2018 (press release) Banca Transilvania, the largest lender of the local economy in 2018: customer support twinned by the Bancpost integration ●196,000 loans to companies and individual detalii

EU Regulation on cross-border payments

Frequently asked questions: Intra-EU cross-border payments Brussels, 14 February 2019 What did the Commission propose in 2018 and why? EU cross-border payments in euro are very cheap or even free in euro area Member States (priced as domestic payments) but still expensive in non-euro area Member States. The two amendments proposed by the Commission in March 2018 to the Regulation on cross-border payments will reduce the cost of intra-EU payments within the entire EU and unify the single retail payments market. This will benefit in particular citizens and businesses from the non-euro area Member States by letting them have access to cheaper intra-EU euro payments. Transactions made in EU currencies other than the euro are not detalii

National Bank of Romania (NBR) Board decisions on monetary policy: rate unchanged at 2,5%, risks stem from new fiscal measures

NBR Board decisions on monetary policy The annual CPI inflation rate continued to go down in December 2018 to 3.27 percent from 3.43 percent in November, moving deeper into the variation band of the flat target. Thus, the NBR fulfilled its objective of maintaining price detalii

Ultimele Comentarii