VB Leasing expansion plans cover engaging in new sectors and niches

"We hope that this year our net profit would reach the level of zł.17-18 million against the zł.14.4 million we posted in 2005. At the same time we want the value of our assets to grow even faster than that. We project they will rise by 40% to zł.989 million," said Marek Foster, VB Leasing president. Experts predict that the whole leasing sector will grow by 15% in 2006. VB Leasing also plans to enter a new market. "Last year we signed agreements with all three associations of cooperative banks, thanks to which our offer will be available through their branches," declared Foster. Initially, VB Leasing will be present in 200 of their 3,000 branches. "We believe that still this year 15% of our assets will be generated by working with cooperative banks. We want to offer farming machinery leasing to their clients," stated Foster. Also this year, VB Leasing plans to simplify procedures and introduce internet access to its services. (Puls Biznesu, p. 6) D.W.