ATL Leasing is reporting a robust start to the year, with first-quarter activity indicators showing notable growth in production, driven by strong commercial momentum in the equipment finance market.
According to the company’s quarterly activity report, total lease approvals reached 154.9 million dinars at the end of March 2026, an 8% increase compared to the first quarter of 2025.
This growth was primarily fueled by a 10% rise in equipment leasing approvals, with particularly strong contributions from the construction sector (+57%) and the services and trade sector (+26%).
Even more significant was the surge in drawdowns—the volume of effectively disbursed contracts—which jumped 15% to 109.4 million dinars. Again, equipment leasing dominated, posting 16% growth, while real estate leasing contracted by 67% over the period.
On the financial front, ATL Leasing saw its revenues rise consistently. Net leasing income reached 15.2 million dinars as of March 31, 2026, up from 14.2 million a year earlier, marking a 7% increase. This gain came despite a controlled rise in operating expenses, which increased by just 7% to 4.2 million dinars.
One of the most encouraging developments this quarter is the company’s risk management performance. ATL Leasing succeeded in reducing its classified exposures by 7%, from 57.8 million to 53.6 million dinars.
As a result, the non-performing loan (NPL) ratio improved further, dropping below the 7% threshold to 6.98%, down from 8.33% in the same period last year.
The company’s total commitments now stand at 767.6 million dinars, an 11% increase. To support this expansion, ATL increased its borrowing resources by 10% to 448.3 million dinars, while shareholders’ equity strengthened to 156.9 million dinars.
Finally, the company’s net cash position remains comfortably positive at 11.9 million dinars, a sharp rise from the 4.6 million dinars recorded in the first quarter of 2025.
