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CIT Group posted a higher fourth-quarter profit, citing growth in its financing and leasing portfolio and a smaller proportion of bad loans. The Company reported earnings of US$155.2 million compared with US$141.3 million in the year-ago period. Excluding a gain...
#CIT#leasing
Leasing companies enjoyed a boom last year as the value of assets leased in 2003 exceeded Ђ2.1 billion, a 30%…
#exporters#interest#interest rates
Financial group Grupo Financiero Delta has acquired 100% of local leasing company Capital Leasing & Finance for an undisclosed sum,…
#acquisition#bank#financial services
General Electric, the US conglomerate, yesterday agreed to acquire a large part of the equipment leasing business of IKON Office…
#acquisition#commercial finance#commercial lending
Ceskoslovenska Obchodni Banka (CSOB) and its subsidiary CSOB Leasing have received a loan of Ђ50m (CZK 1.6 bn) from the…
#bank#investment#leasing
Leasing is a growing activity and has helped leading banks compensate for continuously shrivelling lending margins, according to recently released…
#bank#banks#Boost
CNCE, the central bank that heads the Caisses d'Epargne network of French government-owned, not-for-profit savings banks, confirmed yesterday that it…
#bank#banks#international
The decision by specialist bank and finance group Broadcastle to focus on business-to-business work is paying off. Moving away from…
#bank#invoice#leasing
The aggregate factoring portfolio of the members of the Lithuanian Leasing Association (LLA) grew by 39.1 per cent during the…
#factoring statistics#international#international factoring
Muscat Finance Company, the pioneer in debt factoring, leasing and hire-purchase services in the country has reported a steady growth…
#interest#leasing
OB Heller Factoring of the financial group CSOB achieved a turnover of Skk3,917 billion for the first nine months of…
#bank#KBC#leasing
Latvia's Unilizings company’s leasing and factoring portfolio has reached 100 million lats (Ђ153.4m) after nine months of this year, rising…
#bank#leasing#Two
Sterling Bancorp (Sterling), a financial holding company and the parent company of Sterling National Bank, has reported record results for…
#bank#interest rate#leasing