The total value of finance provided by the Polish leasing sector increased by 13.2% in the first half of 2015 compared to the same period last year, reaching PLN 23.85bn (5.76bn), according to Zwi?zek Polskiego Leasingu (ZPL).
Vehicle leasing was the strongest segment of the market, with volumes increasing by 8% year-on-year to PLN 8.77bn in the first half of 2015. ZPL found that leasing, car fleet management and rent a car companies accounted for 43.4% of all new car registrations.
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Equipment leasing volumes increased by 17% over the same period, reaching PLN 7.97bn. In addition, heavy transport – airplanes, trucks and trains- leasing volumes increased by 11% year-on-year to PLN 6.22bn.
At the end of June 2015, the total value of active portfolio of leasing companies stood at PLN 80.4bn.
Wojciech Rybak, chairman of the executive committee at ZPL, said: "The leasing market in Poland is one of the most rapidly developing markets in Europe. After new leasing volumes grew by 21.3% year-on-year to PLN 42.8bn in 2014, volumes increased by 13.2% in the first half of 2015.We expect that sustainable economic growth will continue to positively affect the results of the Polish leasing industry."
