Société Générale Romanian leasing arm
grows 13 per cent

A Romanian leasing company part-owned by Société Générale has
seen the value of its contracts for the first half of this year
rise 13 per cent to total €135.8m.

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Commercial vehicle leasing accounted for 44 per cent of
Sogelease, the leasing arm of the Romanian Development Bank – part
of SG’s stable of assets – and car leasing 17 per cent.

Construction equipment made up 18 per cent of the total value,
and industrial, medical and farm equipment accounted for 17 per
cent, and IT 3 per cent. Real estate totalled 1 per cent.

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