Word of expert – Silvana Tričković, Director of the company NBG Leasing
Despite the fact that six out of the sixteen leasing companies on the Serbian market have stopped new production, the total leasing market has grown by 40 million euros compared to 2015. The total value of newly concluded contracts increased in the segment of passenger cars, commercial and freight vehicles, as well as in the segment of machinery and equipment.
By using the combined business approach that includes innovation and the adaptation of our company to our original business ideas, that is, to small and medium enterprises and agriculture, but at the same time by using the conservative approach that is based on secure, low-risk and responsible investments, NBG Leasing continues to achieve growth in 2016, as in previous years, despite the challenges.
In the year behind us, the value of our portfolio increased by 18%, to 55 million euros, and the profitability higher than 52% than in 2015 was achieved.
Our stable and sustained growth has enabled well-known and established brands of the auto motor industry, such as Mercedes Benz, Hyndai and Harley Davidson, to be part of our offer, and has enabled us to continue our collaboration with leaders in the field of agricultural mechanization (Class Company). In the area of agricultural machinery, we have taken first place with a market share of 30.80%, while we have a market share of 12.03% in the passenger program, which puts us in the fourth place.
We believe that continuous investment is also one of the elements essential for success, so we plan to increase our portfolio growth next year in the amount of 12 million euros.
From the very beginning, the business strategy of NBG Leasing has relied on the rational evaluation of financial instruments, which can be called a “conservative approach”, but a real name for it is responsible business.
By using the combined approach, and by applying innovative solutions and making responsible decisions, we grow each year, and that has brought us stability despite the global economic uncertainty faced by not only companies but also states.