IS LEASING’S TRANSACTION SIZE REACHES USD 545M

Is Leasing closed 2020 with a new transaction size of USD 545m, according to Mehmet Karakilic, the company’s General Manager. Meanwhile, its consolidated asset size reached TRY 12.8bn and its leasing portfolio increased by 40% to TRY 7.2bn in 2020, compared to 2019. Is Leasing, whose non-performing loans proportion to leasing portfolio is below the sector average, continued to develop its leasing receivables market by protecting asset quality in 2020. “We have considerably increased our share in the sector in terms of leasing receivables and the number of costumers, according to year-end results,” Karakilic said.