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, Anton Diadiura, co-owner of the ESKA Capital leasing company, has said.
“The portfolio of the company [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,” Diadiura said during a webinar organized by Freedom Finance Ukraine and dedicated to the issue of ESKA Capital bonds.
The co-owner of ESKA Capital noted the growth of competition in the leasing market, in particular, due to the switching of banks from lending to this instrument.
“In Ukraine, now about 15% of car sales go through a leasing scheme, while in neighboring 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,” Diadiura said.
He added that the company will continue to work with farmers, carriers and builders, possibly expanding the range of leasing products.
ESKA Capital LLC 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.
