Iran Leasing Industry – Executive Summary

Posted on Posted in Business Guidelines

Industry Overview: this industry is one the fast growing industries in Iran and most of its companies are active in automotive sector. The major regulator for this industry is council of money and credit. Leasing industry mechanism in Iran is borrowing money from bank and lease vehicles to applicants. Duration of leasing period depends on vehicle the applicants leased. There is no predetermined procedure for leasing houses in Iran but regulation for this type of leasing approved this year by council of credit and money. There are 8 listed companies in Tehran Stock Exchange and Farabours which are active in the industry. Most of leasing companies is under supervision of banks and automobile manufacturers so they try to follow the strategies of car makers and banks and don’t prefer to broaden their business.

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