Q1 results released for Czech leasing market

Members of the Czech Leasing and Finance Association (CLFA) saw volumes of equipment and vehicle leasing fall by almost 20% year-on-year in the first quarter of 2010 to about 326m (CZK8.34bn). By product type, the share of operating leasing from the total of equipment and transport leasing rose to 28.3%. Vehicle leasing remained dominant with the share of passenger car leasing rising from 22.7% to 33.8%.

Verdict Staff

Members of the Czech Leasing and Finance
Association (CLFA) saw volumes of equipment and vehicle leasing
fall by almost 20% year-on-year in the first quarter of 2010 to
about €326m (CZK8.34bn).

By product type, the share of operating
leasing from the total of equipment and transport leasing rose to
28.3%.

Vehicle leasing remained dominant with
the share of passenger car leasing rising from 22.7% to 33.8%.

A boost in interest in leasing
photovoltaic equipment contributed to a rise in the share of
machinery and equipment leasing, creeping up to 31.5% from 29.7% in
the first quarter of 2009 (and accounting for 8.9% of the
total).