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Comprehensive Leasing Co PLC To Open a New Subsidiary In Irbil, Iraq

Sunday, 13 Jan 2013 05:00pm EST

Comprehensive Leasing Co PLC announced that it has received all the related documents from the Iraqi government to open a new subsidiary in Irbil, Iraq. Further details were not disclosed.

Muthoot Finance Ltd To Foray Into Home Loan, ATM Business-The Economic Times

Thursday, 6 Dec 2012 06:13pm EST

The Economic Times reported that Kerala-based gold finance company Muthoot Finance Ltd plans to diversify into home loans and set up white-label ATMs in a bid to reduce risk from single sector exposure. Muthoot Finance primarily focuses on providing loan against gold ornaments. The Reserve Bank of India has advised the Company to redesign business model to derisk it. For setting up white-label ATMs, owned and operated by non-banking companies, Muthoot has sought approval of the RBI. Entry into this venture is expected to cost the Company INR200-300 crore.

Solucion Empresa Administradora Hipotecaria SA To Create With Banco de Credito del Peru e Inmobiliaria BCP SA New Company In Bolivia

Thursday, 29 Nov 2012 03:49pm EST

Solucion Empresa Administradora Hipotecaria SA announced that on November 29, 2012 the Company’s Board agreed to create together with Banco de Credito del Peru e Inmobiliaria BCP SA a new company in Bolivia, operating in the capital market and securities of the region.

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