Britain’s and Germany’s leasing markets were
still Europe’s largest leasing markets in H1 2009, but lost
significant business volume, Leaseurope statistics have shown.
According to Europe’s umbrella association for
the leasing industry, Germany’s new leasing volumes were €19.65
billion in the first half of 2009, a 23 percent fall on 2008
figures.
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The UK leasing market was second in terms of
total volumes – closely following Germany with €19.63 billion
taking exchange rates into account – but dropped almost 30 percent
in absolute terms.
The Italian and French markets totalled €13.88
and €13 billion, dropping by 40 and 25 percent respectively.
In most Eastern European countries the drops
were between 60 and 80 percent, although the Polish Leasing
Association recorded a more contained drop of 38 percent.
Total business volumes recorded in the period
across Europe were €105.35 billion, which is a 36 percent drop
compared to the first six months of 2008.
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By GlobalDataAntonio Fabrizio
