The capital of the company "Piraeus Leasing" increases by € 750,000

At the end of June 2010, "Piraeus Leasing" Belgrade, has increased its capital by € 750,000, through recapitalization of Piraeus Bank Belgrade, therefore the total capital" Piraeus Leasing" is now 2.75 million euros. This confirms the commitment of the company to do business in the Serbian market and its commitment to further progress.

The result of this capital increase will be a more attractive offer that includes a complete range of leasing services and favorable conditions of payment, flexible repayment plan and full control of the costs.

Commenting on operating results during the first half of 2010, the director of the company "Piraeus Leasing" and "Piraeus Rent" Konstantinos Tsiolis, said:

- "Piraeus Leasing" recorded a slight increase in the volume of business from month to month. The largest number of lease agreements is related to the purchase of passenger vehicles, there has been the growth of requirements for the procurement of equipment, while less demand was recorded for construction machinery and transport vehicles. Business practice of "Piraeus Leasing" is, in addition to the best conditions, to provide expert advice when purchasing, and to make the most acceptable financial structure for the client.

The plan for the future period is the growth and expansion of business activities, primarily based on the fact that all benefits of buying through leasing are still not fully used . "Piraeus Leasing" operates through a network of branches of Piraeus Bank and from his business headquarters.