Financial Leasing Sector Reaches 622.3 Billion TL

The financial leasing sector's active size reached 622.3 billion TL as of the end of May. The report published by the Banking Regulation and Supervision Agency (BDDK) includes balance sheets and profit-loss statements of factoring, financial leasing, and consumer finance companies. The highlights of the report are as follows:

Performance of the Financial Leasing Sector

■Active size of 622,323 million TL

■Financial leasing receivables of 444,673 million TL

■Overdue receivables of 9,322 million TL

■Period net profit of 13,100 million TL

■Equity of 111,138 million TL

Performance of the Factoring Sector

■Active size of 537,002 million TL

■Factoring receivables of 482,667 million TL

■Overdue receivables of 13,234 million TL

■Period net profit of 14,604 million TL

■Equity of 106,069 million TL

Performance of the Consumer Finance Sector

■Active size of 369,223 million TL

■Consumer loan receivables of 323,414 million TL

■Overdue receivables of 8,130 million TL

■Period net profit of 9,059 million TL

■Equity of 52,807 million TL

The growth of the financial leasing sector in this way is seen as an important indicator when evaluating the developments in the economy and the future of the sector. The factors behind this growth and future expectations are of critical importance in understanding the dynamics of the sector.