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General Information
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Financial Statements |
Shareholding Structure
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Directory
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Credit Europe Leasing IFN S.A.
Commencing operations in 2005, Credit Europe Leasing employs a staff of 64 to provide leasing services to its clients in Romania. Having started out in the Romanian leasing market in 1998 under the name of Credit Europe International Leasing, Fiba Group has been continuing its leasing activities in the country by acquiring Credit Europe International Leasing S.A.'s portfolio.
| Founded | 2005 | | Field of Activity | Leasing | | Number of Employees | 64 |
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| IFRS Balance Sheet (31.12.2008) |
(RON thousand) |
(USD thousand) |
| Cash and cash equivalents |
149.890 |
52.886 |
| Leasing receivables |
855.166 |
301.731 |
| Tangibles, net |
1.710 |
603 |
| Other assets |
7.825 |
2.761 |
| Total Assets |
1.014.591 |
357.981 |
| Trade payables |
900.595 |
317.760 |
| Other liabilities |
13.841 |
4.883 |
| Shareholders's equity |
100.155 |
35.338 |
| Total Liabilities |
1.014.591 |
357.981 |
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| IFRS Income Statement |
(RON thousand) |
(USD thousand) |
| Interest income |
86.356 |
34.285 |
| Interest expense |
(49.928) |
(19.822) |
| Net interest income |
36.428 |
14.463 |
| Commission income, net |
(204) |
(81) |
| Other income/ (expense), net |
(9.699) |
(3.851) |
| Income before tax |
26.525 |
10.531 |
| Tax |
(4.178) |
(1.659) |
| Net Income for the Period |
22.347 |
8.872 |
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Credit Europe Leasing IFN S.A.
Anchor Plaza
26Z, Timisoara Blvd, Sector 6, 061331, Bucharest - Romania
Tel: +40 21 308 55 00
Fax: +40 21 308 55 55
www.crediteuropeleasing.ro
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