The growth of the leasing market in Ukraine will exceed 20% over 2021, but there is still great potential for further market expansion due to the still low level of leasing penetration.
In Ukraine, now about 15% of car sales go through a leasing scheme, while in neighbouring Slovakia, with 5 million people, from 50% to 80% of such sales go through leasing. As far as I know, IFC estimates the potential leasing market in Ukraine at $30 billion.
Anton Diadiura, co-owner of the leasing company ESKA Capital
It was said during a webinar organised by Freedom Finance Ukraine and dedicated to the issue of ESKA Capital bonds. The co-owner of the company noted the growth of competition in the leasing market, in particular, due to the switching of banks from lending to this instrument.
“The portfolio of the ESKA Capital doubled this year, income over nine months amounted to about UAH 400 million versus UAH 140 million in the same period last year, net profit also doubled – to UAH 29 million from UAH 14 million in 2020,” added Diadiura.
ESKA Capital LLC will continue to work with farmers, carriers and builders, possibly expanding the range of leasing products. The company has been providing international leasing services for used cars, trucks and commercial vehicles, as well as agricultural machinery, trailers and semi-trailers, tractors from Europe, Asia and the USA since 2008.