Over PLN 58 bln of investments in 2016 financed by leasing firms

Leasing companies financed PLN 58.1 billion worth of investments in 2016, 16.6 percent more than in the previous year, according to estimations by Polish Leasing Association (ZPL). “The leasing industry finances purchases of mainly small and micro firms, to a lesser degree also medium-sized and large ones,” said Andrzej Krzemiński, chairman of the executive committee of ZLP. At the end of 2016, the value of the entire active portfolio of leasing companies stood at PLN 105.1 billion, of which PLN 97.8 billion corresponded to movable properties and PLN 7.3 billion to real estate. The total value was comparable with the total value of investment loans for corporate clients in banks’ portfolios (PLN 114.5 billion at the end of December 2016).