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BRD Sogelease reports H1 2008 funding of 135.8 million euros

20 august 2008

Information in English

 
BRD Sogelease IFN SA, the financial leasing arm of BRD – Groupe Societe Generale, concluded more than 2,000 lease contracts in the first half of 2008 worth 135.8 million euros, up 13% from H1 2007.The composition of the BRD Sogelease IFN SA portfolio as of June 30, 2008 was made up of commercial vehicles (44%); automobiles (17%); construction equipment (18%); industrial, medical and farm equipment (17%); IT equipment (3%), and real estate (1%).
 
In May 2008, BRD Sogelease expanded its offer by including a lease arrangement for liberal trades, and, in order to improve customer service quality it created a call centre platform designed to answer the questions and needs of its customers.
BRD Sogelease’s top priority in 2008 is to develop its local sale network by following the national policy of the parent company, BRD – Groupe Societe Generale.
 
“BRD Sogelease is attempting to keep up the growth pace in 2008 and become one of the three best performing leasing companies operated by financial institutions,” says BRD Sogelease Director General Jean-Claude Boloux.
BRD Sogelease is 99.96% controlled by BRD – Groupe Societe Generale. It is a member of the ALB Romania Association of Financial Companies, currently made up of 33 leasing and consumer loan companies, that represents the interests of prestigious finance and banking groups with an international exposure. ALB is affiliated with the Leaseurope European Federation and represents some 93% of the Romanian leasing market, with a balanced portfolio that includes all the sectors of the Romanian economy: 26% made up of industrial equipment; 8% the real estate sector and 66% the transport industry.

 

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