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.
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The top five ranking also included UBI Leasing
(€2.1 billion), Banca Agrileasing (€1.8 billion) and MPS Leasing
& Factoring (€1.4 billion). Their overall market share over the
total in the sector increased from 46 to 52 percent.
All sectors were affected by a significant
drop in investments, the Italian leasing association said. Vehicle
leasing dropped 32 percent, equipment leasing 31 percent, real
estate leasing 30 percent and rail/marine/jet leasing 57
percent.
December figures, however, showed a slight 2.5
percent increase compared with December 2008 – the first increase
in 18 months. The association is cautiously optimistic that this
might mark the “end of the negative cycle” and an upturn in
investments.
Antonio Fabrizio
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