In June 2003, Fortis Lease Group announced its intention to have a branch of its own in every country in which Fortis Bank has a Business Centre by 2008. With the opening of Fortis Lease Italia in Milan, Fortis Lease Group has met its goal.
The general manager of Fortis Lease Italia will be Mr. Valentino Polli. The new branch's products cover all areas of the leasing business: equipment, real estate, cars and trucks.
Valentino Polli said: "We aim to create a niche business for medium-sized companies, satisfying the leasing needs of existing customers and making use of cross-selling opportunities with Fortis Bank."
The back office of an Agrileasing subsidiary, TKLeasing, will support the commercial front office. Banca Agrileasing is the leasing company of the Banche di Credito Cooperativo (BCC or cooperative credit banks). Ranked among Italy's top ten leasing companies for over ten years, Agrileasing has 270 employees in a network of 14 branches.