NLB Lease&Go is entering North Macedonian and Serbian Market

November 29, 2022

The time has come for a new chapter in leasing operations of the NLB Group. After entering the Slovenian market with NLB Lease&Go in the spring of 2020, leasing activities have been gaining momentum so much so that new leasing company was recently established in North Macedonia and all regulatory approvals were obtained for the purchase of a leasing entity in Serbia.

Leasing is one of strategic activities of the NLB Group, the leading banking and financial group with headquarters and an exclusive strategic interest in our home region of Southeast Europe, which supports its clients with universal solutions through retail, corporate, and investment banking. Leasing services offered by the NLB Group member NLB Lease&Go, Ljubljana, complement bank’s lending services and enable retail and corporate clients to choose the option that best addresses their needs, situation, and preference. The company namely offers financial and operational leasing of movables, which includes passenger vehicles, light and heavy goods vehicles, and equipment. The same model and strategies will be applied on the new markets as well.

Management and governance structures have already been set up in new leasing members with full implementation of the Group’s corporate governance principles. It is expected that both companies will start with their first activities already next month and enter their markets more decisively in January 2023.

“Leasing services address clients’ needs well, so it is not surprising that we decided to gradually expand this activity to other markets where our Group operates,” explains NLB’s CEO Blaž Brodnjak. “We believe that leasing will once again become a significant part of the Group. It is planned that in its mature phase, leasing will contribute more than EUR 1 billion to the total assets of the Group, through organic and potentially also inorganic growth. Our goal is for NLB Lease&Go to become one of the leading companies in the field of movables in the next years and to play an important role in mobility on each market.”

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