Top leasing firms affiliated to banks by 2010 funding

On a leasing market that dropped further in 2010, sealing major car contracts, a substantial real estate deal or embracing a very aggressive price policy influenced the trend of turnover and the ranking of the biggest firms affiliated to banks.

The biggest surprise is BCR Leasing’s fall onto the 10th position, after ranking second in 2009, with the company affiliated to the biggest bank on the market reaching a market share of just 1.5%, with new funding worth around 17m euros.

Italy’s UniCredit has dominated the market for several years, and the over 20% market share registered in 2010 secures it a comfortable advance as long as BRD barely holds 9%. However, BRD Sogelease boosted its funding last year and the new company head who arrived in September has ambitious targets.

Volksbank is holding on in the third position, even though the bank last year dropped onto the 8th position in assets ranking and the group is discussing selling its subsidiaries in the region in Vienna.