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Crédit Agricole Leasing & Factoring sells Eurofactor UK to GE Capital
Crédit Agricole Leasing & Factoring (CAL&F), a subsidiary of Crédit Agricole S.A. Group, and GE Capital have agreed on the sale of 100% of Eurofactor UK - 9th on the factoring market in the UK - to GE Capital.
The sale is consistent with the Group projects of Crédit Agricole S.A and CAL&F aiming to develop customer -focused banking in Europe with the support of specialized services.
The sale demonstrates a centering which illustrates the focus growth approach of CAL&F internationally so as to strengthen its leadership positions in synergy with the rest of the Crédit Agricole Group.