In 2017, the Company achieved business results in line with its strategic goals thanks to its solid shareholders’ equity, dynamic balance sheet management and policies focused on sustainable growth strategies.
The Company preserved its strong position in the industry with 8.9% market share in leasing receivables secured through a transaction volume of USD 600.5 million in 2017.
Continuing to grow with the same speed and to extend the necessary financing support to the manufacturing industry, the Company’s leasing portfolio expanded by 17.5% year-over-year and rose to TL 4.7 billion, whereas its total assets enlarged by 24.1% to reach TL 9.3 billion.
Having posted TL 112.9 million in net profit, up 9% on an annual basis, the Company’s shareholders’ equity climbed to TL 974.7 million, up 17.4%, and its RoE was registered as 12.5%.
Thanks to efficient and disciplined approach to credit management, the Company’s NPL ratio continued to remain below the sector’s average and stood at 4.6%.
İş Leasing, with its pioneering and innovative approach, ability to produce customized solutions, and customer experience pledge, has been one of the most preferred leasing service providers also in 2017.
Constantly improving and growing its business volume ever since its establishment, İş Leasing will carry on with its activities with a focus on healthy growth and sustainable profitability on the back of its competent human resource, unmatched technology, customer-oriented approach to service and innovative product and services developed with strict adherence to quality, and will preserve its position as the sector’s leading leasing company.