OTP Leasing, a division of the Hungarian group OTP, set up in the summer of last year, granted funding worth around 35 million euros in the first three months of this year, with 80% earmarked for the acquisition of vehicles. "We will continue to focus on vehicle leasing, and we want to secure as big a share of this market as possible," says Mircea Dihel, general manager of OTP Leasing. Automotive leasing is the market growth driver, with over 70% of the funding granted by local leasing companies being aimed at this segment. 20% of the funding granted by OTP Leasing in the first quarter of the year was for the acquisition of equipment, however, its share in the company's portfolio will fall to 15% by the end of the year, estimates Dihel. The company will launch a real estate leasing product by June, with its share to reach 10% of the total funding by the end of the year. OTP Leasing intends to grant funding worth 200 million euros this year and secure profit worth around one million euros.
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