全球租赁业∶在新兴市场的机遇与挑战.ppt

全球租赁业：在新兴市场的机遇与挑战 The Global Leasing Industry Opportunities and Challenges in Developing Economies 2008厦门租赁投次与融资论坛 Leasing Investment & Financing Forum 2008 Xiamen, China September 9, 2008 * 2006年的全球租赁市场：可持续性的强劲增长2006 Global Leasing Market – Sustaining Robust Growth Source: World Leasing Yearbook 2008 全球租赁市场的主要份额在美国与欧洲，但是这两个市场已近饱合。目前租赁业的主要增长点是在新兴市场 The bulk of the global leasing market is in the U.S. and Europe, but these markets have reached maturity. Growth in the industry today is being driven by the emerging markets. 2006 Leasing Volume By Region Total US$633.6 Billion 不同地区的市场增长情况 Compared Growth of Leasing Market By Region (1987 – 2006) Example: * 全球租赁市场的发展情况Global Leasing Landscape – A Map of Market Development 全球租赁业发展示意图 An illustration of the different stages of development of the leasing Industry globally. 来源： 世界租赁年鉴及世界银行集团数据 Source: World Leasing Yearbook 2007 and World Bank Data. 成熟，租赁融资额占总融资额10％以上 新兴，租赁融资额占总融资额5％以上 萌芽，租赁融资额占总融资额5％以下 无数据 经合发组织成员国 * 租赁市场划分：公司与产品Leasing Market Segmentation – Players & Products Source: Equipment Leasing and Finance Association 按市场划分的2006新租赁业务量 2006 New Business Volume by Market Segment Micro = avg. transaction size <$25K; Small = avg. transaction size $25K to $250K Middle = avg. transaction size $250K to $5 Mill ; Large = avg. transaction size Over $5 Mill 不同种类的租赁企业2006的业务量 – 美国市场 比较优势COMPARATIVE ADVANTAGE 代表性企业 PLAYERS 银行 BANKS 资金渠道畅通，借助银行网络和外部渠道开展业务 Access to better funding; the bank network; and external delivery channels 专属金融公司 CAPTIVES 基于资产的出色风险管理 Excellent asset-based risk management 强大的经营性租赁能力 Strong operating lease skills 独立的租赁公司INDEPENDENTS 新兴市场中往往最先出现此类租赁公司Often 1st to be set-up in early stages in emerging markets 制定销售商合作计划和经营性租赁产品Develops vendor programs and operating lease products 金融租赁 Financial Lease 将所有随附于所有权的风险与报酬 都转移给承租人 Transfer substantially all the risks and rewards incident of ownership to the lessee 经营性租赁 Operating Lease 出租人通过向不止一个承租方出租 租赁物来收回投资 Lessor seeks to reco