Leasing market to reach PLN 66 bln this year

According to sector lobby ZPL, Polish leasing market will reach PLN 66 billion this year. “Total value of new contracts signed by Polish leasing firms will amount to PLN 66 billion in 2017,” head Andrzej Krzemiński said. At end-Q3 the sector grew to PLN 47.9 billion, which is a 12.9 percent y/y increase. “In the last quarter of the year, leasing companies expect to accelerate sales activity and stabilize the quality of the leasing portfolio. Representatives of leasing companies expect a higher level of financing for all major groups of fixed assets, with the best prospects appearing - once again - for the financing of light vehicles,” ZPL said in its report.