Spectator on facebook

Spectator on facebook

FOCUS SHORT

UniCredit Leasing tops ranking

MOST leasing companies clustered in the Association of Leasing Companies (ALS) reported growth last year with UniCredit Leasing Slovakia having the highest year-on-year increase in the volume of new deals. UniCredit Leasing Slovakia concluded contracts worth €295.5 million in 2011, an annual increase of 86.5 percent, the TASR newswire wrote.

MOST leasing companies clustered in the Association of Leasing Companies (ALS) reported growth last year with UniCredit Leasing Slovakia having the highest year-on-year increase in the volume of new deals. UniCredit Leasing Slovakia concluded contracts worth €295.5 million in 2011, an annual increase of 86.5 percent, the TASR newswire wrote.

ČSOB Leasing had the second best growth rate at 10.3 percent, to a volume of €279.3 million.

The number three in the leasing market last year was Volkswagen Finančné Služby even though it posted a year-on-year decline in the volume of new deals of 5.7 percent, to €177.9 million.

Tatra-Leasing was fourth with new deals worth €170.7 million, representing 20.9-percent growth. VÚB Leasing concluded new contracts for €152.9 million, an increase of 33.6 percent. All other leasing companies sealed deals worth less than €100 million.

UniCredit Leasing Slovakia had a breakthrough year in 2011 in the aftermath of the economic crisis. The leasing company stated that it was again engaged in most investment projects on the Slovak market.

But the outlook for 2012 is somewhat gloomy. Dušan Keketi, a member of the board of directors of UniCredit Leasing, stated that the year began with the unfortunate cancellation of leasing depreciation under the law, noting however, that this was changed and leasing depreciation is again fully in effect as of March 1.

Topic: Finances and Advisory


Top stories

We should not wait until we start lowering our voices when talking about the mighty

The girl with seven names saw the first public execution in Korea aged seven.

Hyeonseo Lee

Quidditch becomes reality in Slovakia as first teams emerge Video

The wizard sport, fighting for its status in the real sports world, has won the hearts of some Slovaks.

Slovak tennis player knocks out Sharapova Video

Magdaléna Rybáriková improves her position in the WTA ranking.

Magdaléna Rybáriková

Soldier detained for theft in the ammunition depot

The theft in the ammunition depot was not used for arming extremists or terrorism.

Ammunition, illustrative stock photo