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June 30, 2021updated 14 Jul 2021 10:43am

BNP Paribas appoints Sibel Alyar as GM of financial leasing Turkey

By Alejandro Gonzalez

Sibel Alyar has been appointed as the general manager of BNP Paribas Finansal Kiralama, the Turkey subsidiary of BNP Paribas Group.

BNP Paribas Finansal Kiralama

Sibel Alyar (pictured), has more than 20 years’ experience in the financial leasing sector has worked for BNP Paribas Finansal Kiralama for about 11 years where she was assistant general manager of sales and business development. Before her time with BNP Paribas she was with Fortis Leasing and Dis Leasing.

Alyar graduated from Istanbul University (faculty of engineering, department of chemical engineering) and completed the international management master’s program at Istanbul University (faculty of business administration), the company said in a statement.

Fortis Finansal Kiralama was founded in 2006 and provides rental and leasing services on behalf of the Group.

Ranked 30th in the world

According to the White Clarke Global Leasing Report 2021, which ranks countries by leasing volume, Turkey is ranked 30th (its neighbour Bulgaria is ranked 37th and Greece 48th). Citing figures for 2019, White Clarke Group reported that total new leasing business in Turkey was $3.21bn (with growth down 30.45% on the previous year). White Clarke sourced its figures from Leaseurope.

In September 2020, Leasing Life reported in a country report on Turkey, that renewable energy had become a major focus for lease companies in Turkey as they sought to diversify their businesses in the wake of ongoing uncertainty around sectors such as real estate and vehicle leasing.

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