by Sophie Exton
Societe Generale Equipment Finance (SGEF) has taken first place in the 2012 Leaseurope Ranking Survey of European lessors, knocking BNP Paribas Leasing Solutions down to second place for the first time in three years.
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The survey ranks firms by the value of new contracts signed during the year and the two France-headquartered bank-owned lessors differed by just 500m. SGEF, including fleet arm ALD Automotive, took 12.7bn while BNP Paribas Leasing Solutions, including fleet division Arval, took 12.3bn in new business volume.
The 2012 figure for BNP Paribas Leasing Solutions marks a drop of 1bn from their 2011 figure of 13.2bn. However SGEF’s new business volume, which for the first time this year included data from ALD Automotive, is over 3bn ahead of their 2011 figure of 9.4bn.
At the same time, BNP Paribas Leasing Solutions gained 458,496 new contracts in comparison to SGEF’s 350,009.
Russian lessor OJSC VEB Leasing has continued its march up the table in recent years, working its way up to fourth place in the 2012 ranking with a new business volume of 7.4bn.
OJSC VEB Leasing made its first appearance in the top-ten last year, coming from 17th place in 2010 and 34th in 2009.
The 2012 ranking includes a first top-ten appearance from Alphabet International GmbH. This is the first year that Alphabet, who took tenth place, has participated in the leasing table.
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By GlobalDataVolkswagen Financial Services, who took second place in last year’s leasing table, decided not to take part in the 2012 survey.
The top-ten was again dominated by bank-owned lessors with the exception of BMW-owned Alphabet and fellow fleet lessor LeasePlan who took eighth place.
This year, 86 European leasing companies took part in the survey of which 68 are classified as parent leasing companies. These parent companies reported total new leasing volumes of more than 124 billion, which represents 49% of all leasing business written in Europe in 2012.
The top 20 parent leasing companies accounted for almost 40% of the total new volumes in 2012 and 26 companies reported new volumes of over 1 billion.
