FOREIGN LEASING MARKET
Annually, leasing in the leading Western countries accounts for more than 30% of all new investments. In the UK, Germany, France, Italy, the volume of leasing operations on movable property in total reaches about 60% of the entire European market. The total share of the European leasing market reaches 80%.
The largest share of leasing supplies falls on the machine-building industries and the sector of private services. In Austria, the share of leasing in mechanical engineering was 50%, and in Italy - 54%. In the UK, 62% of leasing funds were directed to the development of the private services sector, more than 50% of funds in this sector are directed to Germany and Norway.
European leasing companies are united in the Euroleasing Association, which represents the interests of 25 European countries. In the EAEU countries, leasing companies are also united in associations. In December 2020, a leasing committee under the AFC was created in the Republic of Kazakhstan, which will coordinate the activities of leasing companies.
Based on the results of 9 months of 2021, in Europe, the main efficiency indicators show the dynamics of recovery compared to 2020. Thus, the total number of new business in leasing increased to 4.1%, reaching 26.1 billion euros in transactions. The portfolio of outstanding contracts increased by 2.1% in the third quarter of 2021, with risk-weighted assets up marginally by 0.9%. Comprehensive profit before tax increased by 68.5% in the third quarter of 2021 compared to the same quarter last year due to a decrease in provisions for possible losses on loans. Consequently, the weighted average margin improved by 16.7 percentage points compared to Q3 2020 levels, from 32.0% to 46.7%.
information is presented on the basis of unaudited financial statements
According to a Fitch Ratings study, the volume of the total leasing portfolio of companies in the EAEU countries is expected to decrease in the medium term, which is associated with declining volumes of new business in the air, railway and auto segments.
PERFORMANCE ANALYSIS
There has been an increase in the leasing portfolio since 2014 by more than 26 times, associated with the financing of projects and the development of budget funds under the state programs SPIID, Nurly Zhol, national projects "Sustainable economic growth aimed at improving the welfare of Kazakhstanis" and "Strong regions - driver of the country's development" by financing projects in priority sectors of the economy.
380 projects were funded in 2020.
There is also diversification within the branches of the Company. Thus, the share of Transport decreased in the portfolio from 63% to 50.5%.
The income from the main activities of the IDF in 2022 showed an increase of 12 times compared to 2014 and amounted to 36,378 million tenge.
At the same time, net profit for the 3rd quarter of 2022 amounted to 8,200,212 thousand tenge.
The growth of return on equity and assets since 2014 is the result of an increase in the profit margin of the IDF compared to the profit of 2014
