site.btaQ2 Leasing Companies' Claims Amount to BGN 4.849 Bln - Central Bank

The total amount of leasing companies' claims under financial and operational leases was BGN 4.849 billion (3.1% of GDP) at the end of June 2022, compared to BGN 4.491 billion (3.4% of GDP) at the end of June 2021, the Bulgarian National Bank reported on Monday. The data suggests that claims under agreements for financial leases of cars, commercial motor vehicles, and industrial equipment are the most common ones.

The claims increased annually by 8% (BGN 357.4 million).

At the end of June 2022, claims under agreements for financial leases of Cars amounted to BGN 1.952 billion, an annual increase of 12.6%. Their relative share in the total amount of financial lease claims was 42.3% at the end of June 2022 compared to 40.6% at the end of the same month last year.

At the end of the second quarter of 2022 the claims under agreements for financial leases of Commercial and light commercial motor vehicles amounted to BGN 1.169 billion. They increased annually by 4.2% in comparison with the end of June 2021. Their relative share in the total amount of claims of financial lease decreased from 26.3% at the end of June 2021 to 25.3% at the end of June this year.

At the end of the second quarter of 2022 claims under agreements for financial leases of Machinery and industrial equipment were BGN 1.302 billion, increasing by 9.7% compared to the same period last year. Their relative share increased from 27.8% at the end of June 2021 to 28.2% at the end of June 2022.