Being one of the first leasing companies established in Turkey, İş Leasing was incorporated in 1988 as a partnership of Türkiye İş Bankası (İşbank) Group with IFC, a member of the World Bank Group, and Société Generale. İşbank acquired all of the shares held by foreign shareholders in 1995, and gave momentum to the Company’s activities. Thanks to İşbank’s branch network extending all over Turkey, İş Leasing quickly became one of the leading companies of the Turkish leasing sector. Publicly-held since 2000, 41.8% of the shares in İş Leasing are traded on Borsa Istanbul (BIST). İş Leasing is traded on BIST All, BIST 10-30, BIST 50, BIST 100, BIST Corporate Governance, BIST Financials, BIST Stars and BIST Leasing Factoring indices.
Representing a deep-seated experience in the sector, continually achieving improvement, and increasing its business volume since its debut, İş Leasing has become a pioneer within its industry.
İş Leasing has made a difference and stood out in competition in many areas especially including customer experience via its ways of doing business and rapid decision-making mechanisms.
Having executed the first lease syndication in Turkey owing to its new product development and solution generation capabilities, İş Leasing has also steered the leasing sector through the first aircraft lease facility, and sale-and-lease-back transaction.
With its strong and stable financial structure, İş Leasing allocates its resources to sectors that create employment and added value, and finances various projects that contribute to the country’s economy and sustainable development, while being the choice of a wide customer base through its customer satisfaction-oriented service approach.
İş Leasing serves nearly 5 thousand customers with its 15 branches nationwide and 138 employees directly employed thereby.
Branches |
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Istanbul-Kozyatağı |
Ankara-Central Anatolia |
Izmir-Aegean Region |
Istanbul-Gebze |
Ankara-Ostim |
Kayseri |
Istanbul-Şişli |
Antalya-Mediterranean Region |
Konya |
Istanbul-Avcılar |
Adana-Çukurova |
Trabzon |
Bursa-Marmara |
Antep-Southern Anatolia Region |
Diyarbakır |
Being one of the leading service providers in the sector with its highly-competent human resources, vast knowledge, effective service model and solid financial structure, İş Leasing achieves a stable and healthy performance under its sustainable and profitable growth strategy.
Having achieved performance results in line with its targets through dynamic balance sheet management in 2020, İş Leasing achieved a new transactions market share of 16.5% with a new transaction volume of USD 545 million. With this performance, the company further strengthened its position in the sector and came second in the sector in terms of leasing receivables.
Focusing on renewable energy and solar investments with a focus on sustainability, İş Leasing became one of the ambitious funders in this segment by offering a total of USD 39.3 million in financing to renewable energy projects in 2020.
Thanks to the up-to-date methodologies and techniques applied in credit risk, effective risk follow-up processes and a wide-ranging high-quality portfolio structure, the Company’s non-performing loans (NPL) ratio remained significantly below the sector average. Despite the repayment revisions made in the portfolio to support the cash flows of customers who lost their jobs in the wake of the pandemic, the NPL ratio, which stood at 6.6% in 2019, decreased to 4.3% at the end of 2020 thanks to the effective management of risks.