Insight Investment Group has reported its operational results for the first nine months of 2024. The combined new business volume* of the group's three Russian leasing companies reached RUB 52.3 billion in January through September 2024, marking a 14% increase compared to the same period of the last year.
The total leasing portfolio** grew by 22% to RUB 164.1 billion over the first nine months of 2024.
Insight Investment Group comprises three Russian companies offering specialized financial leasing services. DeltaLeasing LLC is a versatile leasing company ranking among Russia's top 15 leasing firms and a leader on the equipment market. Fleet Finance LLC specializes in leasing forestry, road construction, and agricultural machinery and trucks. Fleet Auto Leasing LLC provides leasing services for automobiles, including passenger cars, light commercial vehicles, and trucks.
*the new business metric is determined by the cost of leased items handed over to clients during the specified period, VAT not included.
**calculation according to the methodology of Expert RA rating agency, taking into account deferred payments under the outstanding/concluded financial lease agreements, including VAT.
