MONTERREY, Mexico--(BUSINESS WIRE)--Fitch Ratings believes there is high growth potential for Independent Leasing Companies in Mexico, according to a new dashboard report for the sector. The report discusses key factors affecting the credit profiles of these entities.
Fitch observes consistent profitability trends in the sector, with a potential downward pressure on margins if reference interest rates increase in the short term. Asset quality continues to be pressured by high balance sheet concentrations.
Fitch considers that the sector's capital adequacy is pressured given the high risk appetite of these specialized entities exhibited in their aggressive growth expectations and the high concentrations in their portfolios and funding base.
The 'Mexican Leasing Companies: 1Q15 - Dashboard' is available on Fitch's website at 'www.fitchratings.com'.
Additional information is available on www.fitchratings.com
Mexican Leasing Companies -- 1Q15 Dashboard