Siemens Financial Services (SFS) is expanding its financing business into the Chinese market. The company announced the launch of a proprietary leasing company in China, the “Siemens Finance and Leasing Ltd” (SFLL). SFLL has been awarded the leasing licence by relevant government bodies and is one of the first 100 per cent foreign owned lessors in the financial services sector in China. Few international companies currently offer equipment leasing in this market. SFLL is a fully owned subsidiary of Siemens, China, headquartered in Beijing. The company will provide its services to customers of Siemens as well as to external vendor partners in China. “By entering China, we recognize the growing need for sales financing solutions in this important market,” commented Kari Kupila, head of the worldwide division, equipment and sales financing, at Siemens Financial Services.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more