Undoubtedly, the leasing industry will suffer significantly from the economic recession caused by measures to combat the Coronavirus. The Wall Street Journal announced last Friday, May 22, 2020, that the world’s oldest car rental and leasing companyA company whose main activity is... More and one of the largest in the United States, Hertz, has filed for bankruptcy. In March 2020, Hertz […]
Posts in category Bulgarian leasing companies
Interlease Provides for Digital Lease Payments
The week brought some great news for the Bulgarian leasing market. One of the oldest and largest leasing companiesA company whose main activity is… More in the country – UBB Interlease has partnered with two of the leading electronic payment systems in the country EasyPay and ePay.bg. Thus, Interlease introduces electronic lease payments and increased […]
Leasing Companies in Bulgaria at the end of 2019
On February 17, 2019, the Bulgarian National Bank published the data for the Leasing market in Bulgaria in 2019. The BNB press release can be read here. In a series of articles, we will share some more interesting additional findings of the published data. First, let’s look at the changes in the number of operating […]
Bulgarian Leasing Market in Q3 2019
On the 15th of November 2019, the Bulgarian National Bank published its quarterly information for the development of the Bulgarian leasing market Q3 2019. You may also read previous reports here: The Leasing Market in Bulgaria Q1 2019 Leasing in Bulgaria in 2018 Analysis of the Bulgarian Leasing Market in H1 2018
The Paradox with Leasing Used Vehicles in Bulgaria
The leasing of vehicles is the leading asset segment on any leasing market. In Europe it traditionally exceeds 70%. As per Leaseurope’s report for 2018 the new leasing business with cars accounted for 53% of the market, and that with commercial vehicles – 19%, or 71% in of the total new leasing business on the […]
Alphabet is Stepping on the Bulgarian Leasing Market
The seventh largest leasing companyA company whose main activity is… More in Europe – Alphabet is stepping on the Bulgarian leasing market in 2019. The expansion of the markets, where Alphabet is active, is actually by 4 countries simultaneously – Greece, Bulgaria, Croatia, and Cyprus. The market entry to these markets is based on the […]