ASLR closes 340m euros in contracts in Q1

The value of leasing contracts closed in the first three months by the members of the Romanian Leasing Association (ASLR) reached 342.4 million euros, a 30% increase against the same period last year, stated the chairman of the association, Bogdan Apahidean. Leasing companies from the ASLR funded goods worth 275.6 million euros in the January-March period, 60 million euros more than in the same interval of 2005, when ASLR funding stood at 215 million euros. The bulk of the funding (97.56%) was granted under financial leasing contracts, according to the data provided by the ASLR. Most clients that request financial leasing were from the private sector, with 63.3% of funding, followed by the public sector and NGOs (22.3%) and by individuals (14.4%). For the leasing market as a whole, the companies closed 54.1% of the contracts with legal entities, 37% with the public sector and NGOs and 8.9% with individuals. In terms of the structure of funded goods, vehicles have the biggest share (93.5%), of which cars account for 78.6%. ZF