BNP Paribas Equipment Solutions has topped the
table for leasing in Europe for the third year in a row.
The leasing arm of the France-based bank was
ranked number one in the Leaseurope Ranking for 2011 based on the
value of new contracts signed during the year.
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The top-10 was dominated by bank-owned
lessors, with the exception of independent fleet lessor LeasePlan,
placed tenth, and Volkswagen Leasing which took the second spot.
The captive arm of the German automotive manufacturer increased its
new business volume from €7.5bn in 2010 to €9.5bn, lifting it from
fourth spot the previous year.
The 2011 figure for BNP Paribas Equipment
Solutions is given as €13.2bn, €3.6bn ahead of Volkswagen and
€3.8bn ahead of nearest bank-owned rivals, Société Générale
Equipment Finance, in third place.
The 2011 ranking, the eleventh annual ranking
produced by the European leasing trade body, includes the first
top-10 appearance by a Russian lessor. OJSC VEB Leasing, which was
placed 17th in 2010, was in eighth place with a new business volume
of €5.4bn, more than double its previous total, mirroring the
surge in leasing
business in Russia.
Dutch group De Lage Landen International,
sixth in the European league, topped the table for business signed
outside Europe, which was collated separately, with €9bn of new
global business.
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By GlobalDataThe leasing companies, which provide the
information voluntarily, were also asked to provide breakdowns of
their business according to asset category and information on the
distribution channels they use, which is available only for
participating businesses.
grant.collinson@vrlfinancialnews.com
