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Portuguese leasing falls 30 percent in H1 2009

Portuguese leasing falls 30 percent in H1 2009

(Free) Portugual’s leasing and renting business had a 30 percent drop in the first six months of last year, according to the country’s leasing association ALF.

Polish leasing down, sees increase in Q4

Polish leasing down, sees increase in Q4

(Free) Leasing business in Poland fell around 30 percent to PLN23 billion (€5.9 billion) last year, according to figures published by the country’s leasing association ZPL.

Italian leasing 33 percent down in 2009

Italian leasing 33 percent down in 2009

(Free) Italian leasing was 33 percent down in 2009 to €26.1 billion, Assilea figures have shown. Intesa Sanpaolo-owned Leasint was the top company last year with a volume of €4.3 billion, overtaking UniCredit Leasing which posted €4 billion in its Italian market. Both had a drop of around one third in new business.

Finnish leasing shows signs of recovery

Finnish leasing shows signs of recovery

(Free) Finnish lessors were not as heavily impacted by the financial crisis as most of their European counterparts in 2009, according to figures published Federation of Finnish Financial Services.

Spain’s leasing halved, but glimmers of hope

Spain’s leasing halved, but glimmers of hope

(Free) Spain’s leasing business fell significantly last year, as demand for investment from SMEs collapsed across the country.

Slovak lessors see 45 percent volume drop

Slovak lessors see 45 percent volume drop

(Free) Slovak lessors saw a rapid deterioration of the market last year, according to the country’s Association of Leasing Companies (ALS).

Austrian leasing business drops 23 percent in 2009

Austrian leasing business drops 23 percent in 2009

(Free) The Austrian leasing market experienced a 23.2 percent decrease in new business volume last year ((to €5.26 billion), according to figures just published by the Austrian leasing association (VÖL).

Romanian lessors to face bankruptcy if decline continues

Romanian lessors to face bankruptcy if decline continues

(Free) Romania could experience widespread leasing business failure if market contraction continues into 2010, the country’s leasing association (ALB) has warned.

Italian mini-renaissance

Italian mini-renaissance

Although Italian lessors are still largely cautious about their future prospects, as of the start of this year there are some signs of a possible recovery within the industry. It might not be the year of a full resurgence, but leasing experts believe that it should be at least slightly better than 2009, when new business collapsed by one-third and bad debt charges soared to unprecedented levels.

Bulgaria: 16 percent of lease book goes bad

Bulgaria: 16 percent of lease book goes bad

(Free) Bulgaria saw overdue leasing payments rise by 14.3 percent in 2009’s final quarter, from €350 million in Q3 to €402 million in Q4.


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