OREANDA-NEWS. September 29, 2010. "SNORO lizingas" company - the leader of the leasing market in Lithuania - during the first eight months of this year has provided financing to the clients for the total of LTL 98 million, i.e. even by 85 per cent more than within the appropriate period last year, reported the press-centre of Bank SNORAS.

Most clients of "SNORO lizingas" continue using "Purchase by instalments" service provided by the company, whose sales during the first eight months of the current year skyrocketed by 23 per cent and comprised 70 per cent of the volume of all company's services. According to Aurelijus Sveikauskas, the general director of "SNORO lizingas" company, video and audio, computer and domestic equipment continues to remain in the most popular groups of the goods which are acquired via hire purchase.

According to the volumes of "Purchase by instalments" service "SNORO lizingas" this year also maintained and considerably consolidated the leader's position. On the basis of seven months' data of Lithuanian Banks Association, the share of UAB "SNORO lizingas" in 2010 among the leasing companies belonging to the association, in comparison to last year, grew from 32 per cent up to 57 per cent.

The sale volumes of "Cash" service, which the company began providing recently, are also growing rapidly - its financed sum during this year is already seeking LTL 29 million, i.e. 27 per cent of the volume of all "SNORO lizingas" services. While using this service, clients have an opportunity to borrow small sums of money - from 150 up to 5000 Litas. According to the general director of "SNORO lizingas" company, one of the main reasons of popularity of this service - the service provision scheme unmatched on the market when such service can be ordered by phone, and the agreement is delivered to the client's home or workplace even to the most remote areas in Lithuania.

"The main reasons of the improving results - constant improvement of the service provision processes, increasing the range of the services, optimizing the network of partners as well as prompt and flexible pricing solutions by taking heed to the changing needs of customers," states A.Sveikauskas.

During the first eight months of this year, 58 thousand Lithuanian residents - by 61 per cent more - have used the services of "SNORO lizingas" company. In the same period in 2009, this number reached 36 thousand. Almost 800 thousand residents have used "SNORO lizingas" services.

About UAB "SNORO lizingas":
UAB "SNORO lizingas" is a secondary company of AB Bank SNORAS established in 1999, which provides the services of hire purchase, consumer loan and leasing to private and corporate clients. UAB "SNORO lizingas" provides the services of "Purchase by instalments", "Cash", "YZI  autolizingas", it distributes the hire purchase cards "Maestro" as well as provides other financing services. UAB "SNORO lizingas" offers its services in more than 3500 retail sale places. Almost 800 thousand Lithuanian residents have used the services of the company.