Leasing gives loans a run for their money
The growth of the leasing market in central and eastern Europe has been particularly strong for a number of years.
“Part of the reason is that the base figure is relatively low compared with other markets in Europe,” says Alexander Schmidecker, CEO of Bank Austria Creditanstalt Leasing. “Today the total new business volume in the 11 CEE markets in which we operate is equivalent to the annual production in Italy.
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