Leasing sector has reached a transaction volume of 6.9 billion USD in 2013, representing a rise of 30% in comparison to 2012.
Continuing its growth trend, the financial leasing sector increased its transaction volume in 2013 by 30% as regards the past year, thereby reaching a total transaction volume of 6.9 billion USD. A review of the distribution of transaction volume by groups of commodities reveals that increase is noted in many groups of commodities, and a significant portion of the volume is generated by real properties and equipments being the subject matter of sell and
re-lease, and construction machinery and equipments continued to get a significant share with 26.2%.
After mediating investments of 62 billion dollars in total in Turkey in its past of 28 years, the financial leasing sector has caught the long-expected momentum of growth under the effects of new legislation enacted as of the end of 2012. Penetration rate indicating the share of the financial leasing sector in investments has increased from 5.86% in 2012 to 6.54% in the third quarter of 2013.
The financial leasing sector, financing the investments of companies of every size and scale, still holds a significant growth potential. In financial leasing sector which has entered into a growth trend, the performance of the sector is closely dependent upon economic stability and growth. Foreseen to develop parallel to the growth performance of the national economy, the sector's transaction volume is further expected to increase by 20% in 2014 over 2013.