Europe’s Top Asset Finance Providers Unveiled

The annual ranking of Europe’s top asset finance providers has been revealed, showing which leasing companies managed to grow in a year of economic uncertainty. The Asset Finance Europe 50, sponsored by Alfa, is a unique annual survey that gives an objective overview of the European leasing market. Despite facing tough times, the industry as a whole saw some growth, although not as much as in previous years. Total business equipment and vehicle lease receivables for 2022 were around €310 billion, marking a 1.7% increase. However, this growth was not evenly distributed among AFE50 members. Out of the 50 companies listed, 34 saw portfolio growth, while 16 experienced declines in their book, with some even seeing double-digit percentage falls. The top 50 companies in the AFE50 represent about 80% of the wider industry, indicating total business equipment and vehicle lease receivables of approximately £390 billion. The AFE50 is based on audited and publicly available annual accounts to ensure accuracy and compliance with competition law and regulations. The report provides valuable insights into industry performance during 2022 and the key trends shaping the European asset finance industry. These trends include challenges posed by a high-interest-rate environment, supply chain bottlenecks, the Russia-Ukraine conflict, and soaring energy prices. Andrew Denton, CEO of AFE50 sponsor Alfa, commended all the AFE50 companies for their determination and resilience in evolving and adapting their businesses in an uncertain economic environment. This year’s AFE50 Report also features a special spotlight on women in leasing, and Leaseurope’s Tham Giang discusses the role of leasing in Europe’s carbon neutrality targets. To access the exclusive insights in this year’s edition, download your copy today using the link below.