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ING Lease Launches in Russia |
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ING Lease – one of the major lease companies in Europe – announced today the start of its operations in Russia. The company will operate in Russia via ING Leasing (Eurasia) LLC, Moscow, Russia a 100% subsidiary of ING Lease Holding N.V., headquartered in Amsterdam, the Netherlands.
ING Leasing (Eurasia) LLC will offer a range of financial lease products to its potential customers: car lease and general lease, the latter primarily in the area of real estate.
Arkady Gerasenko is appointed to the position of General Manager for ING Lease in Russia. Arkady has almost 10 years of banking experience, prior to this new role he was the Head WB Corporate Clients at ING Bank (Eurasia) ZAO. His expertise and understanding of the banking and leasing business, knowledge of client base and network connections will be essential to the success of ING Lease in Russia.
“We are very pleased to be able to offer this new product range to our clients in Russia. Following the recent largely positive macroeconomic developments in Russia we see considerable demand for investments in logistics, real estate, transportation both from international and local customers of ING”, - says Alain Vervaet, Chairman ING Lease Holding. “ING Lease has unparalleled expertise in providing lease services to its customers in Central & Eastern Europe and we are happy to add Russia to the map of countries where ING actively operates. Unique knowledge of both international products and the local market gives ING Lease the opportunity to provide its customers with leasing solutions tailored to their financial needs.”
Hendrik ten Bosch, General Director of Russia-based ING Bank (Eurasia) ZAO, notes: “Since the early 2000s, we have executed several lease transactions through the balance sheet of the bank and it is nice to see that this work has contributed to laying the foundation for a separate roll-out of yet another financing product in Russia.”
ING Lease is ranked as on the Top-5 lease companies in Europe, operating in 13 countries it has over 1,900 employees worldwide. The company offers two principal lines of business - car leasing and general leasing. Products include both financial and operational leasing for a wide variety of business assets. In CEE, ING Lease is present in Poland, Hungary, Romania, Czech Republic. ING Lease portfolio in 2005 amounted to Euro 14 bln, and its contribution to the ING Group profit before taxation was Euro 152.8 mln.
Press enquiries: Maria Teplukhina, ING Bank (Eurasia) ZAO, +7 495 755 5170 Maria.Teplukhina@ingbank.com
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