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leasing

Wells Fargo reports Q3 double-digit net income growth

Wells Fargo & Company reported diluted earnings per common share of US$1.02 for third quarter 2004, compared with US$0.92 in third quarter 2003, up 11%. Net income was US$1.75 billion, up 12% from US$1.56 billion in third quarter 2003. For...

#interest#leasing#small business

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…

#leasing#Societe generale


MicroFinancial secures US$30m line of credit from CIT

MicroFinancial Incorporated (NYSE:MFI) announced today that it has arranged for a three year, US$30mn senior secured revolving line of credit…

#bank#CIT#CIT Commercial Services


Leasing company shareholders approve move into debt factoring

At the extraordinary general meeting on 28 September 2004, the shareholders of Oman Orix Leasing approved the proposal of the…

#leasing


Factoring facelift planned for Sanpaolo

A year after acquiring Banque Sanpaolo, the French unit of Italian bank Sanpaolo, French banking group Caisse d'Epargne is moving…

#bank#CDC#leasing


Factor sees fall in income for Q2 2004

Siam General Factoring Plc (SGF), the Thai factor, has reported a net profit of Bht 86.33m for second quarter 2004.…

#leasing


Lithuanian factoring sales up by 30%

The Lithuanian Leasing Association has reported that the sales of factoring services went up by almost 30 per cent in…

#funding#leasing#trade


Latvian factoring market expected to grow strongly

The leasing and factoring portfolio of members of the Latvian Lessors association reached LVL 356.6 million in the first half…

#interest#leasing#Nordea


Taageer Finance announces 85% jump in net profit in...

Oman's youngest finance company, Taageer Finance Company (SAOC), has posted an over 85 per cent jump in net profit for…

#bank#investment#leasing


Demand for finance credit rises

Multifinance loans shot up by 34 per cent year-on-year to Rp42.94 trillion (US$4.77bn) by the end of the first quarter…

#bank#leasing


Consolidated factoring and leasing company to be restructured

CFX Financial Services (CFXFS), the new owners of the Leasing Company of Zimbabwe (LCZ), an erstwhile Century Holdings Limited subsidiary,…

#asset management#bank#financial services


GE Commercial Finance completes leasing takeover

GE Commercial Finance (GECF) has completed the acquisition of office equipment finance group IKON Office Solutions, with the purchase of…

#acquisition#commercial finance#financial services

Factor seeks partnership with bank giant

Turkey Economy Bank (TEB) Financial Investments Inc., the private banking, factoring, leasing and investment group, announced yesterday that it is…

#bank#economy#insurance

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