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Hungary leasing market swells by 20% in Q1

Telco

The value of leases in Hungary increased by more than 20% to HUF 107 bln in the first quarter as compared to the same period in 2014, the Hungarian Leasing Association said yesterday, Hungarian news agency MTI reported. 

The value of leases for production equipment was up 36% at HUF 57 bln. Association members signed more than 18,000 new contracts in Q1, 4% more than in the same period a year earlier. The value of leased assets rose almost 16% to HUF 150 bln.

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