Due to economic uncertainties caused by two successive general
elections in our country, and fluctuations and surges in global economy,
and substantial devaluation of Turkish Lira, and negative effects of these
developments on economic growth, 2015 was a tough and difficult year
for the financial leasing sector. The available conditions paved the way
for postponement of investments and a constriction of 17% in transaction
volume of our sector.
In spite of these negative conditions, İş Leasing continued to offer quick
and top quality services to its customers, and create added value for its
shareholders and stakeholders, and pioneer the sector, and advance in its
market with its sustainable growth strategy.
Thanks to its strong capital base, and effective balance sheet and risk
management strategies, İş Leasing has completed the year 2015 with
a successful performance and recorded a net profit of 82 million TL. Its
shareholders’ equity reached 738 million TL, and its return on equity was
11.7%. As of the year-end of 2015, its consolidated total assets reached
5.5 billion TL with a rise of 21.8% over the past year, while its net leasing
receivables reached 3.3 billion TL with a rise of 15.7%.
Offering extensive services with its 16 branches throughout Turkey, İş
Leasing has paved the way for strong realization of projects of every size
and every sector, thereby continuing to expand its customer base. With
its number of customers increased by 28% and its number of transactions
increased by 24% in 2015, İş Leasing has shown a good performance
and differentiated itself with its outstanding service level in spite of the
depressed profitability in the financial leasing sector which is an arena of
harsh competition due to the narrowing market.
As a result of its cooperation with suppliers, the Company increased its
weight in heavy equipments and construction machinery and production
machines and equipments fields. İş Leasing continued its growth in
energy investments area, and food, textile, healthcare, machinery &
chemistry, manufacturing, tourism and construction sectors have come
into prominence for İş Leasing in 2015. Our Company maintained its
strong positioning in its sector thanks to privileged solutions offered to
SMEs and success of growth together with them.
We hereby express our gratitude and respects to all our business partners,
employees and investors, and particularly to our Board of Directors, due to
their contributions to the successes achieved by our Company.