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leasing

CIT reports 9.8% increase in Q4 earnings

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 show very good results in 2003

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


Delta takes over rival finance company

Financial group Grupo Financiero Delta has acquired 100% of local leasing company Capital Leasing & Finance for an undisclosed sum,…

#acquisition#bank#financial services


GE Commercial Finance unit acquires leasing business

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


CSOB obtains EIB loan for business investment

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 activities boost leading bank’s nine-month bottom lines

Leasing is a growing activity and has helped leading banks compensate for continuously shrivelling lending margins, according to recently released…

#bank#banks#Boost


Caisse d'Epargne begins integration of SME and operations including...

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


Broadcastle moves towards invoice discounting

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


Factoring portfolio soars 39% in 9 months

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 grows steadily

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 and CSOB Leasing report Q3 results

OB Heller Factoring of the financial group CSOB achieved a turnover of Skk3,917 billion for the first nine months of…

#bank#KBC#leasing


Unilizings leasing and factoring portfolio grows to 100m lats

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 announces record results for third quarter of...

Sterling Bancorp (Sterling), a financial holding company and the parent company of Sterling National Bank, has reported record results for…

#bank#interest rate#leasing

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