BT Leasing (BTL), a company of the Banca Transilvania Financial Group, financed assets worth EUR 65 million in the first half of this year, up 50% compared with the first six months of last year.

Cross-selling with Banca Transilvania was the main sales channel, accounting for about 50% of BTL’s total financing volumes. The focus was mainly on micro-enterprises and SMEs operating primarily in freight transport.

BT Leasing’s performance was driven mainly by the automotive sector, with the company extending 70% more financing than in the same period of the previous year. Of total auto financing, 46% was for passenger cars, 40% for heavy commercial vehicles, and 14% for light commercial vehicles.

Ionut Morar, CEO of BT Leasing, said: “We are pleased with this year’s results, and over the coming months we are focusing on strengthening our business relationships with clients. We offer dedicated direct international payment services, particularly in Germany, provide financial advisory services, and lower pricing on our leasing products. In addition, to support start-ups and SMEs, we offer fast-track financing products.”

BT Leasing has over 20 years of experience in the market, more than 10,000 clients and 20,000 contracts signed.