VTB Leasing continues to make its mark in Europe with the
announcement that its Russian arm has received a stable rating by
Standard & Poor’s.
During the first six months of 2007 the lessor’s total portfolio
grew year-on-year by 95 per cent to total $2.4bn, although revenues
during this period increased only marginally by $4.5m to
$65.7m.
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Today VTB-Leasing Finance, one of Russia’s largest lessors, was
assigned by Standard & Poor’s a BBB+ rating, and the outlook
for its future was described by the credit reference agency as
stable.
Besides Russia and other parts of the CEE, VTB Leasing has
offices in Germany, Austria, France and the UK.
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By GlobalData
