Wednesday, 30 March 2022

HANFA Approves Establishment of First Japanese-owned Leasing Company

ZAGREB, 30 March 2022 - The Croatian Financial Services Supervisory Agency (HANFA) has granted permission to the Japanese Toyota Tsusho Corporation to enter the leasing market in Croatia, HANFA reported on Wednesday.

The Japanese Toyota Tsusho Corporation has been granted permission to establish a leasing company that will operate as Toyota Tsusho Leasing Croatia d.o.o. and to acquire a qualified share of 100% of equity in Toyota Tsusho Leasing Croatia d.o.o.

This is the first time a Japanese group has entered the leasing market in Croatia, HANFA said in a press release.

HANFA also reported that N3 Capital Partners has been given approval to establish and operate a small company for the management of alternative investment funds, which will be the first of its kind and will be established under the amended Alternative Investment Funds Act.

Currently, there are 35 alternative investment funds operating in Croatia and another four are in the process of being established. The net assets of the active alternative investment funds amount to nearly HRK 5 billion, HANFA said.

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