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A selection of articles from World Leasing Yearbook and other leasing titles:

Five ways AI will assist the credit origination process

By Murad Baig, Chief Innovation Officer and Chief Product Officer OTOZ, NETSOL Technologies, Inc.

Credit origination processes are shifting across the financial services sector. Artificial intelligence, machine learning, risk analytics and online lending processes have transformed lending. Financial services firms are pursuing innovative ways to improve lending operations.

Ireland aircraft leasing sector

By David Swan, Chair of Aircraft Leasing Ireland (ALI) and COO of SMBC Aviation Capital

Ireland’s role as a centre of excellence in the aircraft leasing sector is undisputed and working together will ensure our sustained growth. Aircraft leasing has developed rapidly in recent years, shrugging off its former reputation as a niche sector and cemented itself firmly in the mainstream thanks to the surging global demand for air travel. In recent years, airlines have recognised the importance that leasing can play in their long-term growth strategies, enabling them to manage cash flow and thus increasing their fleets to manage passenger demand.

Australia Leasing Review

By Helen Gordon, Chief Executive Officer, Australian Finance Industry Association

AFIA estimates that as at end FY2019 total new equipment finance (including fleet leasing) was A$47.7bn (up from year end FY2018: A$47.2bn). Excluding fleet leasing, equipment finance represented A$40.4bn compared with year end FY2018 A$40.3bn). Of this A$8.7bn was finance leases, A$5.7bn was operating leases (including fleets), A$1.9bn was hire purchase and A$31.3bn chattel mortgage.

Germany Leasing Review

By Kai Ostermann, Chairman, Association of German Leasing Companies

The member companies of the BDL acquired €52.7bn worth of new business in 2018, which was 1.8% more than in the preceding year. On top of this came the new business worth around €8bn acquired by leasing companies not affiliated with the BDL. The total volume of new business acquired in 2018 came to €60.7bn (as compared with €58.8bn in the preceding year).

Change is the disruptor and driver of vehicle leasing

By Mark Binks, Group Managing Director, Bynx

The advancement of mobility is changing the vehicle leasing and rental sectors like never-before. The market is opening-up to a host of new providers, disruptors harnessing the power of technology to supply services to new markets at affordable prices.

Canada Leasing Review

By Robin Somerville, President, Quantitative Economic Decisions, Inc

Over the long run total new business volumes have risen by an average 3.3% a year from an estimated C$14bn in 1990 to C$33bn in 2018. The finance penetration rate has varied over that period from a low of 26% in 2009 to a high of 44% in 2013. New business in the asset-based finance market rose only 0.3% in 2018 following gains of 2.7% in 2017. The total value of assets financed by the industry is estimated to have grown 1.2% in 2018 to C$116bn up from a 0.9% increase in 2017.

Meeting the top five challenges facing widebody aircraft transitions

By Alastair Knox, Rolls-Royce Plc

The new and used narrowbody aircraft market continues to be significantly larger than the widebody aircraft market in terms of both the number of operators, and aircraft volume. This limited market coupled with the current availability of next generation widebody aircraft from the main airframers contributes to a challenging second operator market – new aircraft competing with used for a limited number of customers.

Unidroit’s legislative work designed to promote leasing internationally

By the International Institute for the Unification of Private Law (Unidroit)

In this article, the aim is to update the information provided in the 2013 edition regarding three legislative projects undertaken by the International Institute for the Unification of Private Law (Unidroit) for the promotion of leasing either at the cross-border level or in those parts of the world where the message of its unique potential […]