Last year, in some business groups, especially in the financing of construction machinery with leasing, the reduction of VAT from 18 to 1 has made the financing model attractive by companies. Garanti Leasing General Manager Ünal Gökmen emphasized that some infrastructure investments, especially Marmaray and Metro constructions, had a doping effect on leasing transactions which have been on a halt for the last 5 years and predicted that the sector will grow by 15-20 rate this year.
The new VAT regulation in the leasing sector, which is the preferred financing model especially in new investments, has significantly increased its transaction volumes in 27 2011, whose goods have decreased from 18 to 1. Last year, the Council of Ministers declined Kdv from 27 to 18, which was limited to the machines used in production with the decree dated December 1.
Garanti Leasing's General Manager Ünal Gökmen explained the impact of the VAT reduction in the leasing sector on the transaction volume in the sector and Garanti Leasing's targets.
2010 since the sector began to grow Unal Gokmen, 'In November of last year in some business groups, especially in the construction machinery used in the financing of the leasing of the earthmoving machinery was discounted. In this way, 2.6 billion dollars in construction machines, the first half of the transaction took place. At the end of the year the sector captures the total transaction volume of 5.5-6 billion dollars' he said.
Garanti Leasing General Manager Ünal Gökmen underlined that the increase in the volume of transactions in the sector compared to the previous year, as well as the reduction of VAT, as well as the increased road and subway constructions, had the effect of: 'The third bridge will be constructed. The viaducts linked to him will open up new roads. 3. Airport and Gulf Transit Project. On the one hand, there are a lot of tunnels and subway infrastructure works. Marmaray, very expensive machines are used in metro construction. There is also a lot of road in Anatolia. They all increase demand for construction equipment. In the 2013, the share of construction equipment will increase further, as the infrastructure investments will increase, if the local elections are advanced, the share of construction machinery will be at 2013. We started to develop special strategies for it. '
Unal Gökmen stating that Garanti Leasing is the second with a 14.4 market share and 15 with a percentage of 850 in the transaction volume.
As Garanti Leasing, they said that they had issued two bonds this year and said: Bir We did one in May, 75-77 was worth a million pounds. We made the other one at the end of July. 75 million that we came out, but demanded three times. As of the end of September, we will be exporting 100 million pounds more. Our bonds are generally invested by institutional investors'
Leasing the Legislation on Leasing, which will accelerate the growth of the sector indicating that Gökmen, ini The bill will bring new products to the sector and investors. Operational leasing is also one of the leading. Currently made financial leasing. We take a property in return for a rent with a certain maturity, and the ownership is transferred to the owner. In the operational leasing, the ownership of the said property is transferred to the leasing company. 3 yearly projection. In 2015 the sector reaches the size of 10 billion dollars. With the change of the law in the sector will accelerate development, "he said.
Leasing sector is represented as an association at the moment, together with the new law, factoring, leasing and consumer finance companies under the umbrella of the unity under the umbrella of Unal Gokmen said that this would enable the sector to become active. Gökmen pointed out that the sector is also known as another problem and still pointed out that many people do not know about leasing. Gökmen, 'Therefore, we need to explain ourselves a little more. We will give more weight to the communication works in the coming period, 'he explained.
Source : I www.haberler.co