Nordea Leasing rises to market leader in 2009

Nordea Leasing issued nearly 2 billion kroons in new leasing credit in 2009, becoming the market’s largest leasing company. Nordea Leasing’s share of the new leasing sales market was 33% in 2009.
 
Nordea Leasing director Silver Kuus says that, while the company has gradually increased its market share over the years, last year marked a significant change in market positions for the benefit of Nordea Leasing.
“Unlike the other market participants, we continued actively issuing new leasing and factoring credit to customers of both the Nordea Group and other banking groups that retained liquidity, credit rating and future outlook even in the complicated economic environment. We gained 1,811 new active customers during the year, and retained our existing customer relationships,” added Kuus.
Nordea Leasing's total credit portfolio, including leasing, factoring and stock financing, amounted to slightly more than 6 billion kroons in 2009. Nordea Leasing portfolio’s share of the overall market has grown to 17.8%.

Nordea Leasing offers its customers leasing for passenger vehicles, equipment and heavy machinery, factoring and stock financing for vehicles and other moving machinery. Along with its affiliates in Scandinavia, the Baltics and Poland, Nordea is the region’s largest provider of leasing and factoring services.
Nordea is the largest bank in the Nordic countries with over 10 million customers and nearly 1,400 branch offices, and with 5.9 million e-customers also holds a leading position in online banking.

More information:

Silver Kuus
Director of Nordea Leasing
Silver.kuus@nordea.com
Tel: 6 283 391

Gaili Eding
Nordea Bank PR Director
gaili.eding@nordea.com
Tel: 6 283 185
GSM: 55 47 535
www.nordea.ee