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A&T BANK ANNUAL REPORT 2014
Subsidiary: A&T Leasing
In addition to providing support for medium and
long-term financing, A&T Leasing helps clients
operating in a range of sectors thanks to its deep
expertise and extensive experience.
Although the global economy showed some signs of gradual
and uneven recovery, the pace of expansion remained sluggish.
While economic growth picked up in the most developed
countries, emerging markets fared more poorly. However,
the Turkish leasing sector successfully navigated the volatile
market conditions, and thus was not much impacted by global
economic developments.
At year-end 2014, the investment amount of the leasing sector
increased 9.3% to US$ 7.6 billion, compared with
US$ 7.0 billion for the previous year. Meanwhile, A&T Leasing
increased its investment amount 4.1% in 2014 to
US$ 56.5 million, up from US$ 54.3 million in 2013. In terms
of the distribution of financial leasing transactions by asset
type, real estate investments accounted for the biggest share
at 29%, followed by construction machinery (20%) and other
machinery and equipment (17%). The total number of the
sector’s transactions increased 2.6% to 20,302 in 2014 from
19,790 in 2013.
While building the customer portfolio, A&T Leasing does not
focus on a specific sector or customer segment. Instead, the
company aims to minimize risk by acquiring a diverse customer
base distributed among a variety of asset types in order to
achieve sustainable long-term growth.
With a flexible and dynamic business model, A&T Leasing
provided support to projects of every size; in addition, the
company deepened relationships with existing customers while
also acquiring new clients. Despite the unfavorable competitive
environment resulting from narrowing profit margins, A&T
Leasing continued to conduct its operations with a
customer-oriented service approach. Attractive funding
possibilities provided by the company coupled with high service
quality and the ability to create rapid solutions to meet customer
needs ensure continuity of long-term customer relationships.
In addition to providing support for medium and long-term
financing, A&T Leasing helps clients operating in a range of
sectors thanks to its deep expertise and extensive experience.
In 2015, leasing will continue to be the preferred method of
financing for economic growth, thanks to its flexible and simple
structure. In addition, leasing method provides long-term
financing, is readily accessible to SMEs, and does not create
additional pressure on cash flow.
With regard to qualified vendors and suppliers as solution
partners, A&T Leasing will continue to provide financing to
investors, who aim to take a leap forward, for their medium and
long-term investment projects.