Estonia, EU – Baltic States, Financial Services, Loan, Transport
International Internet Magazine. Baltic States news & analytics
Thursday, 18.04.2024, 14:57
Estonian leasing market grew by 2% in Q1
BC, Tallinn, 21.04.2015.
Print version
Print versionEstonian leasing market new sales volume reached, according to the Estonian Leasing Companies' Association, in the first quarter of 2015 to 195 million euros, an increase of 2% compared to the same period last year, LETA/Postimees Online reports.
 |
|---|
Equipment and machinery new leasing volume increased by 7.1% in a year. The biggest faller was predictably the vehicle sector, with 3.1%.
New leasing contracts' total volume in Europe grew in the first quarter of this year compared to last year's by 8.4% to 268 billion euros. New vehicle leasing volume grew by 12.4%. The consolidated portfolio of the European leasing market in the first quarter of this year amounted to 700 billion euros.
Estonian Union Leasing Association has eight members, who cover 98% of the total volume of the leasing market. Union members' aggregate portfolio in the first quarter of this year amounted to 1.98 billion euros, which is 4.6% more than the year before.
«The Baltic Course» Is Sold and Stays in Business!
