Acquisition of IKB LEASING Romania

BNP Paribas Leasing Solutions today announced the signing of a Memorandum of Understanding for the 100% acquisition of IKB LEASING ROMANIA, one of the leading leasing companies in Romania, specialising in agricultural material financing. This acquisition will be finalised by the end of the third quarter of 2018, subject to the agreement of different regulatory authorities.

IKB LEASING ROMANIA, founded in 2008 and based in Bucharest, is a company specialising in professional equipment financing, particularly agricultural equipment. IKB LEASING ROMANIA is one of the leading leasing companies in Romania.

Thanks to this acquisition, BNP Paribas Leasing Solutions has strengthened its position in Romania where it is already a major player in the leasing market. Pioneer of the usage economy, BNP Paribas Leasing Solutions is pursuing its ambition to support companies in Romania and help them move from the sales business model to one of leasing.

This new acquisition allows us to strengthen our teams of experts in Romania to support even more customers and partners in a region where leasing-type financial solutions are in increasing demand. Indeed, in 2016, the Romanian leasing market posted growth of 20% year-on-year, with nearly 2 billion euros in equipment financing,” says Charlotte Dennery, CEO of BNP Paribas Leasing Solutions.

About IKB LEASING ROMANIA

IKB Leasing Romania is a leasing specialist for industrial equipment and machinery. Since 2008, it has been providing financial services to industrial companies.