In a year of extraordinary economic circumstances for our country, İş Leasing continued to provide proper financial resources for investment needs of real sector companies, specifically SMEs who are the driving forces of our economy, with a solution and risk oriented point of view in a fast and effective manner.
In 2018, the Company achieved business results in line with its goals thanks to its strong shareholders’ equity and funding capability, dynamic balance sheet management and effective lending policies;
- With a transaction volume of USD 532 million and a market share of 11.1% on a transaction basis achieved through its capability to create new transactions, İş Leasing carried its strong position one step further.
- Leasing portfolio increased by 15.6% YoY to reach TL 5.4 billion.
- The Company increased its shareholders’ equity by 18% to TL 1.2 billion and return on equity improved by 6.1 points to 18.6%
- Net profit of TL 197.5 million has been recorded with a 74.9% increase.
Structuring its lending and risk monitoring processes with a strong market perception, the Company keeps its asset quality with its credit portfolio having a broad-based risk composition. The Company’s non-performing leasing receivable ratio remained below the industry average at 4.76%.
Maintaining its momentum of strong improvement with its sustainable growth and profitability strategy since its inception, İş Leasing created a solution and customer satisfaction oriented service model based on its perfectionist and innovative approach combining its competent human resource with its up-to-date technological infrastructure.
İş Leasing was one of the most preferred leasing service providers in 2018 with its customer experience promise and will continue to carry its position in the sector even further.
