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leasing

Former FleetBoston leasing executive leaves Bank of America

Another top former FleetBoston Financial executive has left Bank of America Corp. to be replaced by a long-time BofA staffer, raising new alarms about the diminishing clout of former Fleet managers at the Charlotte, N.C.-based bank. Doug Bowers, previously managing...

#bank#Bank of America#banks

Overall leasing portfolio tops LTL 3bn

The aggregate portfolio of the members of the Lithuanian Leasing Association stood at LTL 3.028 billion in April. Since the…

#leasing


UK asset finance volumes set to outstrip US, Germany

The use of equipment investment and leasing is predicted to grow in the US, the UK and Germany in 2004,…

#cash-flow#financial services#leasing


CIT Group results 2003 show strong factoring and leasing...

CIT Group Inc. today reported net income of US$189.3 million for the quarter ended March 31, 2004. The results for…

#CIT#commercial finance#i


GE Commercial Finance acquires IKON's US leasing operations –...

GE Commercial Finance, the business-to-business financial services unit of General Electric, announced yesterday that it has completed the acquisition of…

#acquisition#commercial finance#financial services


First Business profits increase 273%

First Business Financial Services Inc., specialist in commercial banking, asset-based lending, commercial finance and leasing, reported net income of US$4.1…

#bank#commercial finance#financial services


New VAT rates to be applied from May 1

The Parliament adopted changes to the VAT law yesterday. According to the law, the reduced VAT rate of 5 per…

#interest#interest rates#leasing


Lithuania's leasing portfolio may grow by 30 per cent...

In the past four years, Lithuania's leasing market has expanded at a rate of about 50 - 60 per cent…

#banks#leasing#Nord/LB


Factoring and leasing portfolio up 16.6 per cent in...

The factoring and leasing portfolio of the members of the Latvian Lessors’ association grew 16.6 per cent, to LVL332 million…

#banks#leasing#Nordea


Muscat Finance profits up

Muscat Finance Company (MFC), a firm involved in debt factoring, leasing and hire purchase services in Oman, has reported a…

#interest#leasing


BRE Leasing profit nearly doubles

Net profit of BRE Leasing increased to Zl3 million in 2003 compared to Zl1.6 m in 2002. Volume of new…

#bank#leasing


United Finance net profit up 10%

United Finance Company SAOG (UFC), one of the fastest growing non-banking financial institutions in Oman and the Middle East, has…

#bank#financial institutions#leasing

Moody's rating for Banorte factoring and leasing subsidiaries

The Mexican subsidiary of international ratings agency Moody's has assigned the factoring and leasing subsidiaries of local financial group Banorte…

#bank#international#leasing

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