High-quality Portfolio Is the Goal
As of the 1st January 2010 Leasing Trade portfolio of entered lease agreements is BLN 5,628 RUB. Lease payments receivable are BLN 2,34 RUB. Over 2009 Leasing Trade LLC signed 83 financial lease contracts. As a result more than 50 representatives of various economy sectors made use of company services.
Achieved results allowed the company to gain the 22nd place in ROSLEASING national rating of leasing companies in vehicle segment among 50 project participants. Leasing Trade holds strong positions in TOP-100 of leading Russian leasing companies and takes sustainable place in top ten of major lessors in the Volga region that comes to be a result of 4-year successful efforts. Over these years the company won prestigious awards and took prizes which emphasizes achievements in professional field.
Despite 2009 was anything but simple for the leasing sector, Leasing Trade made the point of overdue debt reduction and optimization of work with withdrawn assets over the past year. Leasing Trade Group managed to keep up its reputation of first-class borrower. The whole crisis year was marked with not a delay in fulfillment of obligations taken previously by the company with credit agreements.
Main issue that concerns all the enterprises during the crises is how to perform the obligations to the existing borrowings. Leasing Trade is interested in long-term sustainability of its customers and therefore it always tries to find ways to restructure current loans in order to resolve a trouble situation jointly with the customer and assist an enterprise to overcome short difficulties. "In current conditions here and now we work upon quality of the leasing portfolio rather then "chase after volumes" says Iskander Maslakhoutdinov, General Manager of the company.
Over this time of operation in leasing market Leasing Trade gained the reputation of professional financial intermediary that wisely manages the risks and is able to resolve business-tasks of any difficulty level - from financing of prospective entrepreneurs to large full-scale projects.