Leasing Growth Stalls in Latin America
Overall Volume Is Down, But Boom Continues in Some Countries
LJN’s Equipment Leasing Newsletter
After six years of outstanding growth in Latin America’s equipment leasing and finance industry, the most recent data from the region come as a bit of a surprise. The annual Alta LAR 100 report by The Alta Group Latin American Region reveals a 6% decrease in Latin American leasing portfolios in 2010, as measured in U.S. dollars. The industry was expected to hold its own despite some negative trends affecting leasing, as the overall economy grew an estimated 5% in 2010 and the first half of 2011, according to the International Monetary Fund’s World Economic Outlook. (Continue...)
