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Value of new leases drops one-third in Q1-Q3

The value of new leases signed in Hungary reached HUF 212.8 billion in Q1-Q3, down 34% from the same period a year earlier, the Hungarian Leasing Association told MTI.

The value of new leases signed in Q3 fell 35% from the period a year earlier. The number of new leases signed slipped 19%.

The value of new car leases dropped 30% in Q1-Q3 from the same period a year earlier.

The value of new commercial vehicle leases fell 10% to HUF 19 billion in Q3 from the same period a year earlier.

Leasing companies now have more SME clients than retail clients, the association said. (MTI – Econews)