The largest Russian leasing company GTLK last year received a net loss of 55.8 billion rubles. against 0.99 billion rubles. net income a year earlier. This is stated in the company’s report under IFRS, which leads RBC.
It is noted that this is the maximum loss in the history of the STLC group. This is due to blocking Western sanctions.
The publication recalls that the STLC group in April 2022 fell into the fifth package of EU sanctions. Restrictions were imposed on the export and import transactions of STLC and its subsidiaries, and a ban on access to EU ports was introduced against the ships under the control of the group. The head of the STLC, ex-Minister of Transport Yevgeny Dietrich, also fell under the restriction.
Also, according to the press service of STLC, the activities of the international leasing platform GTLK Global were stopped due to sanctions. It accounted for up to a third of the group’s total revenue and assets of about $4.6 billion.
Let us add that STLC has a history since 2001 and occupies a leading position in the segments of aviation, rail and water transport in terms of the volume of the leasing portfolio.
Source: Rosbalt
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