With more than 200 guests gathered at the National Palace of Queluz, the Portuguese Association of Leasing, Factoring and Renting, the association that represents specialised financing in Portugal, celebrated on Wednesday a journey that has gone hand in hand with the three products' support for the national economy over the last few decades.
The association that represents Leasing, Factoring and Renting in Portugal celebrated its 40th anniversary in the specialised financing sector on the 28th of February. At a commemorative dinner at the National Palace of Queluz, the board of the Portuguese Association of Leasing, Factoring and Renting (ALF) recalled the journey begun in 1984 by APELEASE, seven years after the publication by Mário Soares' government of Law nº. 46/1977, which allowed the creation of para-banking institutions, among others, giving rise to financial leasing in the country.
