Centro Leasing gives up bank status

Centro Leasing Banca has relinquished its bank status and has
become a financial broker again.

Now operating under the name Centro Leasing Spa, the decision
was made on April 12 by the company’s special assembly along with
the incorporation of its subsidiary Centro Leasing Rete Spa.

According to a recent statement, the operation is part of “a
reorganisation of the leasing unit of the Intesa Sanpaolo
Group”.

It adds that this is “aimed at the creation of a leasing centre
formed by Leasint Spa (leader) and Centro Leasing, each with their
own operations”.

Leasint was the top Italian company in 2009 with a volume of
€4.3billion, ahead of UniCredit Leasing, which posted €4billion in
its Italian market.

Claire Hack

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