Sogelease Serbia again the financial leasing market leader at the end of 2018

With a total of 88 million euros of new placements in 2018, Sogelease Serbia has once again upheld the position of the absolute leader on the financial leasing market

The market share of Sogelease has reached 20.76 per cent, and Sogelease became a leader in financing the purchase of new and used passenger and commercial vehicles, as well as of agricultural machinery.

The commercial result was followed by a profit after tax of 3.03 million euros at the end of 2018, which represents a growth of as much as 43 per cent compared to the same period last year.

“Long-term cooperation and stable partnership with clients and users of products and services on the financial market are proof that we continuously and carefully monitor and understand their demands, and provide them with adequate innovative solutions,” said Boris Stevic, the president of the Sogelease Serbia Executive Board.

Sogelease, as the financial leasing market leader, has marked continuous growth in the number of newly concluded contracts as well as in the amount of financing since 2015. In its portfolio, there are 8,600 active contracts amounting to 127 million euros. Compared to the previous year, the total portfolio is up by 22 per cent.

The founder of Sogelease Serbia is Societe Generale Bank, which in this way offers financial leasing services on the market to legal and natural persons, entrepreneurs and registered agricultural holdings.