In terms of financing products, financial leasing registered the strongest growth in 2011: the financed value increased by 13.66%. Demand for credit and hire purchase on the part of businesses also continued to rise, the financed values grew by 4.16%.
At the end of 2011, the success of that year was highlighted by the Vendor Finance Provider of the Year award, won by the European group Société Générale Equipment Finance for the second time in a row. The expert jury of the prestigious Leasing Life magazine selected Société Générale Equipment Finance as the best finance provider in a competition between large international companies. It granted the award mainly for “its determination to grow in Vendor Finance by building and reinforcing partnerships, developing creative sales strategies and vendor offerings across a broad range of business segments”.