Hannibal Lease SA · HANL.TN

Hannibal Lease SA is a Tunisia-based company engaged in the consumer financial services sector. The Company specializes in a number of areas, including the leasing of movable assets such as vehicles, passenger cars, trucks, jumper cars and dumpers designed for carrying bulk material on building sites, as well as tourist and utility vehicles, transport vehicles, construction machinery and long term rental, among others. Its portfolio includes such brands as Peugeot, Citroen, Fiat, Ford, Volkswagen, Mercedes and BMW, among others. The Company's services are targeted at individual and corporate customers. Hannibal Lease SA operates a network of agencies in Tunisia, located in such cities as Tunis, Sousse, Sfax and Djerba. Its durable business profile is based on financing productive assets for companies and professionals through leasing contracts rather than conventional term loans. Demand is tied to investment by SMEs, transport operators, medical practices, construction firms, farmers and service companies, while performance depends on credit underwriting, asset values, funding costs and collection discipline.