BCR Leasing sees growth

BCR Leasing last year saw funding volumes go up more than 30% to reach over 115 million euros, announced BCR general manager Claudiu Stanescu. “The leasing market is, as expected, in a constant constantly bubbling over and has risen 25% on the previous year. BCR Leasing saw over 30% of growth,” explained Stanescu. He estimates an increase in funding volumes for this year that will be higher than the pace of growth for the overall market. Since the growth forecast by Stanescu for the leasing market is higher than 20-25%, BCR Leasing is expected to maintain the same growth as last year. The bulk of the funding in 2004 went to vehicles (88%) and equipment leasing is on the rise, accounting for 12% last year, according to Stanescu. The company also tried its hand at real estate leasing. “Vehicles will account for 70%, equipment for 25% and real estate for 5% this year,” Stanescu added. ZF