SoGeLease has been the absolute leader of Serbia’s financial leasing market since the beginning of 2016, with a total of 49 million euros in new lease agreements. The results of research conducted on the financial leasing market in the first three quarters of 2016 show that SoGeLease retained its leadership position, with growth of as much as 75 per cent in new placements over the same period in 2015.
SoGeLease’s market share reached 22.6% in the third quarter of 2016, while it is also the leader in the financing of new passenger vehicles, with a share of 24.3%, light commercial vehicles and buses (market share of about 32 per cent), as well as construction machinery and agricultural vehicles.
According to Boris Stević, Chairman of the Executive Board of SoGeLease, the leasing market recorded significant growth in 2016, which came as a result of growth in sales of passenger and commercial vehicles, but also due to the launch of major infrastructure projects, which required the purchase of new construction machinery.
The founder of SoGeLease in Serbia is Societe Generale Bank, which used this method to provide the market with financial leasing services intended for companies and individuals, entrepreneurs and registered farms.