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Czech News in English » Business » SGEF: New transactions up 18.8% to CZK 11.5bn

SGEF: New transactions up 18.8% to CZK 11.5bn

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Société Générale Equipment Finance’s (SGEF) new transactions in 2015 totalled CZK 11.5bn, up 18.8% y/y. Investment demand grew in construction industry, where transactions gained 71%. Non-banking financing of small and medium enterprises increased by 66%. SGEF’s CEO Reinhold Knödl has stated that the company acquired totally 523 new clients in the Czech Republic and Slovakia.

Source: www.cianews.cz

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