BOSNIAN LEASING MARKET CONSTANTLY GROWING

SARAJEVO, Bosnia (July 10,2008) - The Bosnian Leasing Association presented in the Bosnian capital Sarajevo yesterday its main objectives, a market analysis and financial indicators for the current year.

The Association was formed in 2005 by the then market leaders: Hypo Alpe-Adria Leasing, Raiffeisen Leasing and VB Leasing. Since then, three more members have joined them.

With regard to the Association’s financial indicators in the first half of 2008, car leasing was worth EUR 73.1 million, real estate leasing EUR 69.5 million, and so on.

In total, the funding by leasing companies in Bosnia was worth EUR 189.4 million (4,016 contracts) – 32.4 per cent more compared to the first half of 2007.

As far as market shares are concerned, HAA Leasing leads with 44 per cent and Raiffeisen follows with 28 per cent.
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