OREANDA-NEWS. February 12, 2007. At the end of 2007 the total assets of AS DnB NORD Banka affiliated company SIA DnB NORD Lizings hit the mark of LVL 200 million. This achievement attests to a successful development of the company that offers to its customers both private individuals and legal entities increasingly convenient and efficient financial solutions, reported the press-centre of DnB NORD Banka.

The Chairman of the Management Board of DnB NORD Lizings Hugo Pavuls is satisfied about the results: "SIA DnB NORD Lizings since the very beginning of its operations could be described as rapidly developing and growing company, and I am positively convinced that its operational success is based both on the offer of invariably high quality financial solutions and the company's professional and highly responsive team. DnB NORD Lizings is going to continue offering of extended range of modern financial services to its corporate and retail customers".

The services of DnB NORD Lizings are being appreciated by individual customers, start-up companies that have just commenced their development as well as stable enterprises with long-term business experience. Private individuals can execute the leasing of new or almost new cars, whereas the companies have a chance to acquire new commercial equipment or commercial vehicles through either financial or operating leasing, thus modernizing their companies as well as to finance their working capital through the factoring services rendered by DnB NORD Lizings.

During the last year the number of companies - DnB NORD Lizings factoring service users - has become more than twofold.

DnB NORD Lizings in conjunction with the Latvian Guarantee Agency provides support to new and rapidly growing companies by offering an opportunity to obtain the leasing guarantees for the company's development; in 2007 DnB NORD Lizings had the top position among Latvian leasing companies in terms of volumes of the attracted guarantees.