_ WHO WE ARE

About us

LECON Finance Company Limited {formerly LECON Financial Services Limited) and (Leasing Company of Nigeria Limited (LECON)} was established in 1970 as Commonwealth Development Corporation (CDC), which was acquired as wholly-owned subsidiary of Nigerian Industrial Development Bank Limited (NIDB), the precursor of Bank of Industry (BOI) Limited.

LECON was established to augment the activities of BOI by providing ancillary facilities to loan beneficiaries of the bank. LECON Finance Company Limited has emerged as the major non-bank financial institution engaged in lease financing of assets amongst others.

LECON, as the oldest and foremost leasing company in Nigeria adopts competitive edge strategies for customers satisfaction and retention. As a subsidiary of the Bank of Industry, LECON leverages on the pedigree of the foremost Development Financial Institution in Nigeria.

Mandate

Meet the requirements of our lessees

Sustain growth in the earnings and profit of the Company on behalf of our shareholders.

Make a fitting contribution to economic and social development of the nation.

LECON's Competence

LECON Finance Company Limited, as the oldest and foremost leasing company in the country, affords its customers over 30 years of experience, expertise and in-depth knowledge of the market and business.

As a subsidiary of the Bank of Industry Limited, LECON is a beneficiary of BOI’s good working relationships with foreign development finance institutions which translates to access to reasonably priced funds.