Established in 1985, MUFG Europe Lease (Deutschland) GmbH is a leasing company 95% owned by MUFG Bank, Ltd. (Bank of Tokyo Ltd. when MUFG Europe Lease (Deutschland) GmbH was established) and 5% owned by BOT Lease Co., Ltd. The company is located together with MUFG Bank (Europe) N.V. Germany Branch in Dusseldorf, Germany, a city with many Japanese companies and one of the leading Japanese communities in Europe.
Since off-balance sheet accounting is possible for leases that satisfy certain conditions because of German accounting practices, leases serve as an important form of financing due to their simplicity and flexibility. MUFG Europe Lease (Deutschland) GmbH is the only Japanese-owned leasing company in Germany, and since its establishment has been used by many Japanese companies there for vehicles, office equipment, warehouse facilities, production equipment, sales financing, and other purposes. In recent years, the company has also become active in responding to demands for leasing as a method to promote sales. In addition, the company opened its Poland (Warsaw) Branch in October 2011, allowing it to provide leasing services to customers in Poland as well.
MUFG Europe Lease (Deutschland) GmbH will continue to respond to a wide range of customer needs with sensitivity.
Since off-balance sheet accounting is possible for leases that satisfy certain conditions because of German accounting practices, leases serve as an important form of financing due to their simplicity and flexibility. MUFG Europe Lease (Deutschland) GmbH is the only Japanese-owned leasing company in Germany, and since its establishment has been used by many Japanese companies there for vehicles, office equipment, warehouse facilities, production equipment, sales financing, and other purposes. In recent years, the company has also become active in responding to demands for leasing as a method to promote sales. In addition, the company opened its Poland (Warsaw) Branch in October 2011, allowing it to provide leasing services to customers in Poland as well.
MUFG Europe Lease (Deutschland) GmbH will continue to respond to a wide range of customer needs with sensitivity.