Franfinance follows Pekao Leasing and tidies up its group


Franfinance Polska has changed its name to SG Equipment Leasing (Polska).

"The main reason is our strategy which aims to unify the image of all leasing companies controlled by the French financial group Societe Generale in Europe," said Robert Samsel, sales director at Franfinance.

The concern's main target this year is to strengthen its market position. "By the end of the third quarter we have financed the leasing of assets worth zі.500 million. We want to record a 40 per cent annual growth, up to zі.650m.

Such a result will allow the company to maintain its position as number seven on the market.

Similarly ambitious plans were set by Pekao Leasing which has finalised its merger with Leasing Fabryczny and hopes to make it to the top three by the end of the year.

Source: Warsaw Business Journal



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