The total value of finance provided by the Hungarian leasing sector increased by 6.5% year-on-year in the first nine months of 2015 to HUF 329bn (€1.05bn), according to the Hungarian leasing association.

"This also means that in the first nine months of the year amounted to HUF 1.22bn per day were placed in the leasing companies on average, compared with HUF 1.14bn a year earlier," the association wrote.

Over this period the association’s members concluded a total of 55,800 new contracts, an increase of 6.2% compared to the previous year.

The nine-month data also showed that the passenger cars, light trucks and motorcycles parts market grew to HUF 98bn, up 18% year-on-year. The fleet segment of the market grew by 21.2% to HUF 57bn, while the market for large trucks and buses grew by 5%.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.