Latin American equipment-leasing sector declined 6% in 2010


Latin America's equipment-leasing and -finance industry contracted 6% last year, The Alta Group said, surprising the researcher. "In light of the fact that the economy grew 5% in Latin America, we were surprised that the overall leasing portfolio did not grow," said Rafael Castillo-Triana, CEO for Latin America. "The Latin American leasing industry is having growing pains." Read more.

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