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Good results of Millennium Leasing in 2016. High growths in financing vehicles, machines and devices

27-01-2017 MembersNews

In 2016 Millennium Leasing signed real estate leasing contracts worth more than PLN 3bn, which resulted in good 15.2% growth over 2015. The value of capital committed to active leasing contracts as of the end of the year stood at PLN 5.16bn, which means 11.8% year-on-year growth.


In the category of light vehicles the company financed assets worth PLN 823.13m, reaching 32.2% growth y/y in cars and 59.9% growth y/y in trucks up to 3.5 tons.
In the heavy road transport category the value of lease-financed assets was PLN 1.11bn, reaching the highest y/y growths in following groups: trucks (over 3.5 tons) – 40.4% growth; lorries – 13.8% growth and semi-trailers – 10.2% growth. The value of financed machines and equipment reached the level of more than PLN 1bn, which means 21.3% growth y/y.


We are glad that our work on improving processes, the time-to-decision as well as the quality of service broadly understood is appreciated by companies. We were able to acquire more than 4,700 new customers, while growth rates in particularly demanding categories, such as cars and trucks up to 3.5 tons, shows that the effects of our consistent work allow us to be quite successful. Our activity in the corporate segment as well as close cooperation with Bank Millennium have also permitted us in 2016 to exceed one billion PLN worth of machines and equipment, which we financed for our customers – Marcin Balicki, Chairman of the Management Board of Millennium Leasing commented.


Millennium Leasing has for years been offering lease financing to all sectors in Poland. The company is an active member of Polish Leasing Association and one of the first leasing companies to appear on the Polish market. Leasing services are sold by leasing advisors in 66 branches throughout Poland. Sales activity is also carried out in the course of active cooperation with the Bank’s Relationship Managers in retail and corporate branches of Bank Millennium.


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