The renewed direction of Hungarian Leasing Association
The general assembly of The Hungarian Leasing Association organised in Mátraháza elected a new vice-president and new members of the board of directors. The former vice-president Kálmán Tekse, the CEO of Arval Hungary was renewed in his position, the other vice president will be Judit Vály, CEO of MKB-Eurolising. Three former members of the board Dr. János,Strbka CEO of IKB Leasing, Csaba Fekete, CEO of De Lage Landen Finance and Viktor Jenei, CEO of FHB Leasing were replaced by Dániel Hatvani, CEO of CIB Leasing, Tamás Pfandler, Head of Automotive Finance of Budapest Bank, and Gábor Soós, CEO of UniCredit Leasing. Katalin Nyikos (Deutsche Leasing Hungaria) will continue working as the president of Hungarian Leasing Association. Additional member of the board is István Zs. Nagy Director of Automotive Fleet at Merkantil Group.
Dr János Strbka – the Leasing Expert of the year in 2017
János Strbka was selected for the Leasing Expert of the Year. The awards, that was founded by the Hungarian Leasing Association in partnership with Deloitte was handed over on the 9 of November at the annual leasing summit of the association organised in Mátraháza. In every year the awards co-founded in 2012 by Deloitte and the Hungarian Leasing Association due to a leasing expert who did an outstanding job in the development and recognition of the leasing market – said Zoltán Tancsa, head of tax and legal at Deloitte. Dr. János Strbka with law and economics background has decades of experience in the financial and leasing sectors. He laid down the foundation of his career at Citibank and then at the leasing arm of the K&H Group. From 2000 he had different leadership roles at IKB Leasing. Zoltán Tóth, the General Secretary of the Hungarian Leasing Assocation, pointed out that he has received the recognition for his achievements in the sector of small and medium enterprises, first and foremost, in leasing for the agro sector, and in leasing construction with public subsidies. SME leasing sector has one of the greatest growth potential – highlighted János Strbka after the awards and appreciation ceremony.
MKB-Euroleasing – Best Workplace of the year 2017
In 2017, MKB Euroleasing won the prize of the „Best workplace of the Year” in the category of enterprises with less than 250 employees. The Best Workplace survey was organised 17th time in Hungary by Aon Hewitt. MKB-Euroleasing as the member of the MKB group was participated in the competition for the first time. The survey was covered about 50,000 employees of 95 employers and it was carried out in three categories, companies with: less than 250 employees, between 250 and 1000 employees, and over 1000 employees. Though the survey primarily measures employee loyalty, it also measures the availability of professional development and the level of confidence in the management. A company cannot succeed in the long term with employees not feeling attached – said Judit Vály, CEO of MKB-Euroleasing referring to the awards. One, of the most important duty of MKB-Euroleasing leadership is to strengthen employee commitment. Our employee turnover is less than 3 %, and the number of applications is steadily increasing – she added.
The leasing sector reflect the expansion of the consumption
The new finance provided in the first three quarter of 2017 was 428 billion Forints that is equal to a 19% annual growth said Katalin Nyikos, the president of the Hungarian Leasing Association at the annual leasing summit organised in Mátraháza. The expansion of the domestic consumption is clearly visible on the leasing market. The growth in car and light commercial vehicle leasing was 23 %. Though the growth in the large goods and passenger vehicle has been flattened in Western Europe the Hungarian market was able to grow by 21 %. Some favourable circumstances such as intensive economic growth and the growth in investments have beneficial effects, and this is a good sign for the future of the leasing market too. However, favourable interest rate for consumers means less interest income for leasing companies. The major challenge is to find new streams of income in this environment. The current revolutionary changes in industrial technologies (also known as the 4th Industrial Revolution) have a great potential. In the future the ownership of assets will be less important than using them – said Dr. Csaba Szomolai, the CEO of Hungarian National Bank. Among others he stated, that the leasing sector has been improved in terms of customer complaints and nowadays leasing companies are ranked higher than other financial institutions. It worth to emphases, that this improvement has been achieved while the leasing sector was still expanding. By this mean the leasing sector indirectly promoted the goals of the Hungarian National Bank in the field of consumer protection. With respect to the changes in the sector, he stressed the importance of switching to online customer service management system. To this end, they (leasing companies) need to rethink their internal processes to ensure a smooth transition to electronic customer care.
E-mobility: Netherlands in the leading position
When it comes to putting new mobility concepts into practice, the Netherlands tops a comparative ranking of countries worldwide. Key issues addressed include shared mobility, autonomous driving, digitization, e-mobility and, above all, both the regulatory framework and the infrastructure that enable such innovations. In these areas, the Netherlands is leading by example. By contrast, Germany has fallen back to a mid-table fifth slot, with the US in tenth place. These are the findings of the second „Automotive Disruption Radar”, in which Roland Berger regularly investigates the automotive industry’s transition to a forward-thinking mobility service provider. To this end, around 11,000 consumers were surveyed in eleven countries: China, Germany, France, the UK, India, Italy, Japan, the Netherlands, Singapore, South Korea and the US. Compared to the first Radar, the most obvious changes this time around affect customer interest, technology and regulation. In all three categories, Asian countries – China, Singapore and South Korea – are leading the way. Singapore, for example, has lowered the bureaucratic barriers to autonomous driving and launched experiments with self-driving tourist buses and driverless trucks. If these trials go well, the city-state could make a major breakthrough in innovative traffic concepts. “The future belongs to autonomous driving – first and foremost in Asia,” says Frigyes Schannen, Head of Roland Berger’s Budapest office. “While countries like Singapore are stepping on the gas in the area of legislation, traditional automotive markets such as Germany are right now more preoccupied with damage limitation in the wake of the diesel scandal.” The „Automotive Disruption Radar” nevertheless shows that drivers themselves are very open to change: 45% of respondents worldwide expressed an interest in autonomous driving. Drivers are clearly also open to new developments in e mobility – explained the head of the Budapest office. Fully 35% of respondents worldwide can imagine buying an electric car as their next vehicle. Here again, Asia is out in front, with half of Asian respondents saying they would willingly buy an electric car. In individual countries, this figure actually rises as high as two thirds – compared to a figure of only 30% in Western Europe and a mere 15% of survey participants in the US. “These varying preferences are also reflected in the sales figures” said Frigyes Schannen analyzing the situation. “The number of plug-in hybrids and electric cars sold in Asia in the first half of 2017 was almost twice as high as in Western Europe and two-and-a-half times as high as in the US.”There is, however, one point on which consumers in all countries agree: Electric cars are still too expensive. The second most powerful argument against buying an electric car is the poor charging infrastructure. Once again, the only Western European country that leads the way is the Netherlands. “Although the sales figures for e vehicles and plug-in hybrids have lately declined due to reduced subsidies, the country boasts an outstanding charging infrastructure” explained Frigyes Schannen. “And that lays the foundation for a further increase in sales in the future.”China, too, occupies a leading position in e mobility and car sharing. That is the reason why the country occupies second place in the overall ranking – with considerable development potential still in reserve. On top of this, he predicts that “Following on from e mobility, China has every chance of becoming a leading market for autonomous driving, too.” One essential driver of the development of autonomous driving is the legal and regulatory framework in place in individual countries. “On this score,” the automotive expert adds, “China is in the fast lane, with plans to approve autonomous car models and new test circuits.”Germany continues to lag behind. True, the Federal Ministry of Transport’s Ethics Commission has now set out initial guidelines for self-driving cars. However, there is still no news on when individual types may be approved, even though – as in other countries – individual approvals will be granted for a first crop of “partially autonomous” vehicles. “If European countries don’t want to be left standing, the legislator must quickly support new traffic concepts and innovative mobility solutions,” said Schannen.