Leasing

As a universal leasing provider, BA-CA Leasing offers a wide spectrum of products with additional tailor-made services in the areas of insurance, construction management and fleet management. In 2006 the company maintained its strong market position in Austria and visibly expanded its leadership in CEE. New business volume of the entire BA-CA Leasing Group totalled about € 2.7 bn.

The Group’s subsidiaries in the CEE growth markets made a major contribution to this result and accounted for about three-quarters of new business. Two new operating units were opened in Bosnia and in Ukraine. As part of the integration in UniCredit Group the local leasing units of BA-CA/HVB and UniCredit/Locat started their integration process in Bulgaria, Romania and Croatia. In 2006, channel management was expanded in Austria with BA-CA and with brokers. A new sales structure will also help to increase business: BA-CA Leasing’s relationship managers can now offer one-stop vehicle leasing, real estate leasing and equipment leasing in all the Austrian provinces.

In future, UniCredit Group will manage leasing as a global business line. Management, coordination and controlling of group-wide business will be combined in a leasing sub-holding company. Regina Prehofer, member of the Management Board of BA-CA, is responsible for the management of the sub-holding company. In addition, management of CEE business will be carried out by the Vienna branch based within the sub-holding company. Vienna will be the centre of competence for 13 CEE countries. The aim is to become one of the top 3 market leaders in each of these countries.