Delinquencies and defaults within the Italian leasing sector have increased in the third quarter, a Moodys report has revealed Total delinquencies have almost doubled in nine months, from 2.4 percent at the beginning of the year to 4 percent currently.
Delinquencies and defaults within the
Italian leasing sector have increased in the third quarter, a
Moody’s report has revealed. Total delinquencies have almost
doubled in nine months, from 2.4 percent at the beginning of the
year to 4 percent currently.
Net defaults have also increased at 1.6 percent, up 0.14 percent
from the previous quarter. The report concerns the country’s
leasing asset-backed securities market, which includes vehicles,
equipment and real estate.
