Report Reveals Latin America's Top 100 Leasing Companies
The Alta Group Ranks Brazil's Itauleasing No. 1, Chile's Santander No. 2, Surprises include Size of Industry in Chile, Mexico and Colombia
FORT LAUDERDALE, FL, – A ranking of the 100 leading equipment leasing companies in Latin America was released today by The Alta Group in a report believed to be the first to identify major players throughout the region.
The AltaLAR100 report breaks ground by naming and ranking the most prominent equipment leasing companies in Latin America based on their reported portfolio of leased assets in 2004, said Rafael Castillo-Triana, a principal for The Alta Group Latin American Region (Alta LAR). Alta LAR provides consulting, legal and research services to equipment leasing and finance interests in Mexico, Central America, South America and most of the Caribbean.
The 10 leading companies in the AltaLAR100 are, in order:
“Nine of the 10 largest leasing companies in Latin America are bank affiliated, and the tenth, IBM Brasil Leasing, is a manufacturer's captive,” Castillo-Triana said.
“The AltaLAR100 also revealed some surprises,” he added. “We had not anticipated that Chile's leasing industry was so large. Chile tied with Brazil for the most leasing companies in the Top 10 and contributed a total of 12 in the AltaLAR100. We also were surprised by the similar size of the leasing industries in Mexico and Colombia, since the Mexican economy is more than five times the size of the Colombian economy.”
Alta LAR developed the rankings based on data published by the corresponding country leasing associations, Central Banks of regulatory entities and in some cases from data provided by individual companies. The group plans to update its report regularly to reflect new data.
Castillo-Triana said there is no charge for the AltaLAR100 list. For a copy, please visit www.thealtagroup.com. Alta LAR also offers paid services for additional research on companies listed in the report and/or Latin American leasing markets.
Other Recent Projects
Alta LAR provides consulting, legal and research services to manufacturers, banks and leasing companies working in Latin America. It also develops studies for organizations. Recent projects include reports on the emerging leasing industries in Nicaragua and Honduras, which were sponsored by the International Finance Corporation (IFC), an affiliate of the World Bank Group. In 2003, a study by Alta LAR that was sponsored by Colombia's leasing association, FEDELEASING, led to passage of an equipment investment tax incentive in that country.
About The Alta Group
The Alta Group, established in 1992, provides a broad array of strategic consulting and advisory services, education and training programs, merger and acquisition and dispute resolution services for companies in the global equipment leasing and asset finance industries. Its clients include manufacturers, banks, independent lessors of various sizes and others in the industry. The Alta team is made up of more than 25 international professionals committed to the asset finance business, including former CEOs, company founders and industry thought leaders who are active in their areas of expertise. They collaborate and share their in-depth knowledge and insights with today's business leaders who face a range of challenges, both old and new. The firm has built a reputation on creative thinking, trust and professionalism. The Alta Group supports clients in North America, Latin America, Europe and the Middle East, as well as Greater China and Asia Pacific. For more information, visit www.thealtagroup.com.
Rafael Castillo-Triana, The Alta Group LAR
Ricardo Muñoz-Medina, The Alta Group LAR