The rating agency Expert RA has given DeltaLeasing LLC, a wholly-owned subsidiary of the Insight Investment Group LLC, a creditworthiness rating of ruA+, with a stable outlook. This is the first time that DeltaLeasing LLC has been assigned a credit rating.
According to the agency's press release, the rating is due to moderately high market positions, adequate asset quality, high capital adequacy and operational efficiency, an adequate liquidity position, and a satisfactory assessment of corporate governance.
DeltaLeasing became part of the Insight Investments in September 2022 and by October had already resumed financing leasing transactions. By the first half of 2023, the company leads the market in new business volume in sectors such as machine-building, metalworking and metallurgical equipment, power equipment, printing equipment, food industry equipment, and warehouse equipment. In Expert RA's overall ranking for new business, DeltaLeasing holds the 11th position.
Between 2023 and 2024, DeltaLeasing intends to adhere to its current business model of increasing net leasing investments while maintaining the quality of its leasing portfolio, high operational efficiency, and adequate capital adequacy.
The complete press release from Expert RA evaluating DeltaLeasing can be found on the rating agency's website.