Credit Europe Leasing IFN SA ― increase with 126%

01.03.2007

Credit Europe Leasing IFN concluded the first half of 2007 with an increase of 126% compared to the same period last year. The total contract value after first six months of 2007 surpassed 95 million EURO.

The financed goods aimed the vehicles acquisition with 43%, while the equipment leasing reached 23% from the portfolio. The real estate leasing gathered the record figure of 34%.

A series of factors contributed to this success: our team of professionals, the constant improvement of the services offered to our clients, the financial support and international experience of Credit Europe Leasing main shareholder and last but not least the increase of the social capital with 8 million EURO in April, 2007.

The main shareholder of Credit Europe Leasing IFN is Credit Europe Bank (Holland) which owns 99% of the company’s shares the rest of 1% is owned by the international financial group ― Fiba International Holding (Holland). Credit Europe Bank (Holland) functions according to the Dutch legislation and operates under the jurisdiction / government of The Dutch Central Bank.

For 2007, Credit Europe Leasing IFN aims to reach a market share of 5% from the total national leasing market which was estimated to 4.5 billion EURO at the end of 2007 ― based on the estimation of ALB.

Credit Europe Leasing IFN SA is a founding member of ALB. 2007 brought Mr. Kerem Sekizyarali ― President of Credit Europe Leasing IFN SA ― to the presidency of the Association.

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