* Baltic Leasing is the first company in Russia to receive a license №0001 from the Ministry of Economy of the Russian Federation for leasing activities, the license was registered on September 2, 1996.
Baltic Leasing has been successfully operating in the Russian market for 29 years. Today the regional network of the organization has 74 branches throughout Russia. The company employs over 1000 employees.
Based on the results of the first half of 2019, Baltic Leasing ranks 8th among the leasing companies in Russia in the ranking prepared by the Expert RA agency.
The volume of new business (the value of the acquired and leased property) at the end of 2019 amounted to 53.95 billion rubles (excluding VAT). The volume of the company's leasing portfolio as of 01.01.2020 is 65.2 billion rubles. In total, during the reporting period, the company concluded 16196 financial and operational leasing transactions. The company's portfolio includes more than 16,000 clients throughout Russia.
A significant part of leasing projects are financed from their own funds, which serves as an additional guarantee of the financial stability and reliability of the company.
The company raises funds through bonded loans; currently, 5 bond issues have been successfully placed for a total of 13.02 billion rubles.
Additional services:
- Structuring complex leasing transactions and negotiating the terms of the transaction between the participants in the leasing project.
- Assessment of leased property.
- Insurance of the leased asset.
- Consulting on taxation and accounting in the field of leasing (within the framework of the contract).
- Registration of leased property with the State Traffic Safety Inspectorate and GosTekhNadzor.
History of Baltic leasing
Z 2010-2017 2007-2009 2000-2006 1990-1999
2010-2017
2007-2009
2000-2006
Moderately high level of creditworthiness
The Baltic Leasing Group of Companies joined the International Association of Financial and Leasing Companies 
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We are 25 years old
25 years since the founding of the company "Baltic Leasing".
Fitch Ratings assigned Baltic Leasing Long-term Issuer Default Ratings (IDRs) at 'B +' with a stable rating outlook.
Expansion of the company
The branch network has reached more than 60 branches.
We are 20 years old
The Baltic Leasing Group of Companies celebrated its anniversary - 20 years of successful work in the Russian leasing market.
Rebranding and new service
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In March 2009, the companies included in the Baltic Leasing Group of Companies were renamed and rebranded.
Since April 2009, the Baltic Leasing Group of Companies has been offering a new financial service - the acquisition of a leasing portfolio. This service will improve the leasing conditions for clients and increase the liquidity of companies interested in selling the leasing portfolio.
Increasing the funding limit
The North-West Bank of Sberbank of Russia has opened a financing limit of 1 billion rubles to the Baltic Leasing Group. with a possible increase in the amount up to 3.5 billion rubles. for a period of 7 years. Credit resources were provided to finance retail leasing transactions.
Baltic Leasing signed an agreement on attracting a loan from the Czech Bank in the amount of $ 30 million for a period of 1 year. The funds were used to finance current leasing activities.
Change of name and brand
The companies of the Baltic Leasing Group of Companies were renamed, and NOMOS BANK became a strategic partner.
CJSC Baltic Leasing in CJSC NOMOS-Leasing North-West,
LLC Baltic Leasing (St. Petersburg) in LLC Regional Company NOMOS-Leasing.
Strengthening its position in the leasing market, LLC RK NOMOS-leasing in 2007 actively developed its business in the regions. During the year, the company opened 16 new branches in large cities of Russia.
General Director of the Baltic Leasing Group of Companies Dmitry Viktorovich Korchagov was recognized as the best top manager of the leasing industry in St. Petersburg for his active work in the field of leasing and management within the framework of the project "Golden Issue TOP-100 2007" by the newspaper "Delovoy Peterburg".
Within the framework of the fifth annual meeting devoted to summing up the results of the leasing industry in 2007, the General Director of the Baltic Leasing Group of Companies received a diploma “For valuable contribution to analytical research of Russian Leasing”.
The informational openness and the great contribution of the Baltic Leasing Group of Companies to the development of leasing in Russia were noted.
CEO wins the title of Best Top Manager
According to the results of 2006, the “National Encyclopedia of Personalities” awarded the CEO of the company, Dmitry Viktorovich Korchagov, the honorary title “Top Manager of the Russian Federation 2006”.
Obtaining an international loan
Baltic Leasing CJSC signed a loan agreement with the International Finance Corporation - IFC (World Bank Group) for a loan in the amount of $ 2 million for a period of 3 years.
Expansion of the company
LLC "Baltic Leasing" (St. Petersburg) was founded, the beginning of the development of the branch network. GC "Baltic Leasing" becomes the organizer and founder of the North-West Leasing Association.
License from the Ministry of Economy of the Russian Federation
Baltic Leasing CJSC became the first leasing company to receive license No. 0001.
The emergence of the Russian Association of Leasing Companies "Rosleasing"
Baltic Leasing was the organizer and founder of the association.
Establishment of a company
The history of the Baltic Leasing company dates back to 1990, when the first Russian leasing company, CJSC Baltic Leasing, was founded in St. Petersburg (Leningrad).
Bank FC Otkritie became the main owner of one of the largest private leasing companies, Baltic Leasing. On its basis, the credit institution owned by the Central Bank plans to develop the retail segment of the leasing business and has already provided the company with impressive funding. However, even taking into account third-party financing, the problem of expanding its presence in the market remains: the retail segment of car leasing is competitive and rigidly divided, experts say.
Otkritie FC Bank, owned by the Central Bank, announced on Wednesday that it had consolidated almost 100% of shares in Baltiyskiy Leasing. At the end of last year, the bank has already acquired 79.5% of the shares of the leasing company from the bank "Trust", on the basis of which the regulator creates a fund of non-core and problem assets. Until recently, another 20% remained with Otkritie Holding (OX, before the reorganization of FC Otkritie, the main shareholder of the bank). Yesterday the holding confirmed the sale of its stake to the bank. The minority share of 0.5% remained with the general director of Baltic Leasing Dmitry Korchagov, follows from the company's quarterly report for the third quarter. As explained in "FC Otkritie", "this is historically the share of management, there are no plans to buy it out yet."
Baltic Leasing is one of the largest Russian private leasing companies. According to Expert RA, the volume of net investment in leasing at the beginning of October 2018 amounted to RUB 29.7 billion. At the same time, the company ranked ninth in the agency's ranking in terms of new business volume (RUB 31 billion) and eighth in terms of portfolio size (RUB 48.9 billion). Almost 60% of the portfolio was car leasing and about 13% of construction equipment leasing.
The bank did not disclose the purchase price of the company, noting only that "the price conditions of all transactions are market conditions." At the same time, as a representative of the GO said, "the amount of the transaction is calculated taking into account the overall assessment of Baltic Leasing at 8.5 billion rubles." At the same time, according to him, the transactions were settled “in real money”. It is possible that these funds were used in settlements for other assets of the holding. Moreover, his representative reminded that “earlier Otkritie Holding bought back its own bonds from Otkritie Group”. Indeed, in December, OH partially redeemed its BO-06 bonds for 5.9 billion rubles, which, according to market participants, was owned by Trust Bank (see Kommersant dated December 25, 2018).
FC Otkritie says they want to establish cooperation between Baltic Leasing and Open Leasing, where in the second quarter the bank plans to complete the consolidation of corporate portfolios of LCs located within the FC Otkritie and Trust contours. Then the bank plans to "organically combine retail and corporate leasing." According to Ruslan Korshunov, Director for Banking Ratings at Expert RA agency, Baltic Leasing “will be able to work more efficiently with those problematic leasing assets that FC Otkritie could get from the previous owners. She has a large client base and experience in remarketing seized property. "
In November last year, FC Otkritie opened a five-year credit line for LC in the amount of RUB 10 billion, which is almost a quarter of the company's assets. In addition, the bank is considering the possibility of attracting financing for the company by issuing bonds. At the same time, analysts agree that, as a quasi-state leasing company, it will be easier for Baltic Leasing to attract third-party financing. However, according to Ruslan Bulatov, junior director of Fitch Ratings, “even if the company's funding is slightly cheaper than that of its competitors, it is practically impossible to quickly build up a portfolio in a short period of time in the retail car leasing market”. As the expert explains, this "market is small, very competitive, besides, there is a high margin of the companies operating on it." “The growth of the LC business in car leasing due to organic growth will be limited in 2019-2020 due to the attenuation of the growth rate of the auto segment in general and high competition among large LCs,” agrees Mr. Korshunov. “Our plans are to grow the portfolio ahead of the market,” said FC Otkritie, without specifying what segments were in question, and also noted that the bank “does not intend to make any new purchases in the leasing segment.”
Baltic Leasing did not respond to Kommersant's request.
Group of companies "Baltic Leasing" is one of the largest leasing companies in Russia. It occupies a leading position in servicing the supply of vehicles, construction equipment and machine-building equipment in the Russian market.
Provided by the company
About company
Baltic Leasing is the first company in Russia to receive a license №0001 from the Ministry of Economy of the Russian Federation for leasing activities. The company has been on the market since 1990.
Baltic Leasing operates according to a universal business model and finances vehicles, equipment, special equipment, real estate and other property for its clients.
The company has been among the top 10 leaders of the Russian leasing market for several years in a row according to the RAEX analytical agency; today, Baltiyskiy Leasing Group of Companies occupies the 8th line of this rating.
The branch network of "Baltic Leasing" covers the whole country - from Kaliningrad to Sakhalin, has 74 branches.
Baltic Leasing has been a member of the United Leasing Association (OLA) for 20 years. In 1999 the company became one of the founders of OLA, and the general director of Baltic Leasing Dmitry Korchagov became the first president of OLA, he held this post until 2001.
In 2017, Baltic Leasing joined the International Finance and Leasing Association (IFLA), becoming the only representative of the Russian Federation in the business community uniting leading non-state lessors from more than 20 countries of the world
Also, Baltic Leasing was a co-founder of the National Leasing Union, NLS, created at the end of August 2017 in order to coordinate activities and represent the interests of participants in the Russian leasing market.
The company is actively introducing digital technologies into its business processes. In 2018, the client's electronic personal account was launched. Also, Baltic Leasing has built an innovative search engine into its auto catalog. Thanks to this tool, the company's clients can, firstly, instantly find the desired car, which is available in the car dealership of their city, and secondly, in two clicks, calculate the cost of acquiring it on lease directly on the website. In addition, work is underway to introduce legally significant electronic document management into the general databases of the company.
Leasing services of the Baltic Leasing company find new fans every year. Despite their relative novelty, they have already managed to attract attention not only to legal entities, but also to individuals due to an individual approach, relative simplicity of registration and a number of advantageous offers that are in no way inferior, and in some cases even surpass the conditions for a car loan.
An undoubted convenience is also the fact that the leasing agreement Baltic Leasing applies to almost any car, regardless of their year of manufacture or country of manufacture. In addition, the company offers to lease the seized property: despite the frightening name, this practice is widespread and carries absolutely no risks for the client.
What is an agreement for?
Everyone who has already come across Baltic leasing knows that it implies the lease of an object.
However, the lease, as a rule, is not limited to a lease contract: it often allows you to redeem the taken equipment or vehicles at the residual price after the expiration date.
This turns out to be very convenient for many organizations in many ways - after all, the car is not on their balance sheet, which means that additional taxes are not required. In addition, individuals can also get their benefits, especially if the chosen car is priced at a decent amount.
To date, they are operational, as well as financial ones. In the first case, the purchaser gets the right to the subsequent purchase of the selected car, in the second option, the client does not have such an opportunity.
Favorable conditions for Baltic leasing clients
The Baltic Leasing company specializes in the conclusion of leasing agreements. Not only cars can be leased from this organization:
- any special equipment, commercial and freight transport, as well as buses and trailers are at the service of buyers.
According to the terms of the Baltic Leasing company, the sale of seized vehicles is carried out at special prices favorable to the purchaser.
All seized property is carefully checked, after which it is provided for use by the buyer.
The safety of such an acquisition is guaranteed by the fact that any seized vehicle is always the property of the company, and third parties do not claim ownership.
When purchasing a confiscated car from a leasing organization, you can be sure that the documents for it will be completely in order.
As a rule, the sale of pledged property takes place at a price significantly lower than the market price, since the leasing company is trying to get rid of the growth of unproductive costs. To purchase such a vehicle, you need to contact the company and fill out the necessary paperwork.