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According to the results of the first six months of 2008, Europlan has reached the 4th place in Russian leasing sector by the volume of deals realized during this period. The company rank has risen significantly by 7 places, overpassing many big-ticket leasing companies. The leader of the Russian retail leasing in the quantity of contracts concluded, Europlan repeatedly has become number one car leasing company in the Russian Federation. It also has taken the 3d place by its own capital. The results of the Russian leasing development in the first half of 2008 and the rating of Russian leasing companies has been published in October, 6th “Expert” journal following the data of a rating agency “ExpertRA”.
As the agency noted that Europlans’ significant success can be explained by the aim of the company to intensify development, to offer competitive services, and also by its HR investments, education of all functional departments and investments in IT. The high level of capitalization and growth of a number of financial partners and volumes of attracted long-term financing played an important role in company’s development. For example, in March 2008 the ICIC Bank Evrazia provided Europlan with a direct loan of $25 million, European Bank for Reconstruction and Development with 600 million rubles and BNP Paribas, Commerzbank AG and Raiffeisen Zentralbank Osterreich AG provided a syndicated credit of $75 million in July. Source: Press-service Europlan. Expert RA. Back to News List 
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