Switzerland’s leasing market saw a 20 percent
drop in new production last year, but according to the local
leasing association ASSL, the potential for the industry continues
to be high.
Almost all sectors were affected, the
association’s secretary general Markus Hess said. The only
exception was car leasing with CHF2.2 billion (€1.6 billion) of new
business, and a 1 percent increase compared with 2008.
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The other sectors totalled CHF3.3 billion of
new business. The worst affected segments were rail, aircraft and
yacht leasing, as well as production machinery.
Despite the “temporary” halt to Switzerland’s
leasing growth, Hess said that lessors have high expectations
for the near future – as Swiss leasing, on
average, only represents half of the investments of local
SMEs, compared with the rest of Europe.
Antonio Fabrizio
