The FINANCIAL — Societe Generale and CNH Industrial have agreed on a set of cooperation agreements to offer leasing and financing services to CNH Industrial’s customers in the Commercial Vehicle, Agricultural and Construction Equipment sectors, in Romania, Bulgaria, Switzerland and the Principality of Liechtenstein.
Following these agreements, Societe Generale Equipment Finance becomes the CNH Industrial’s preferred finance partner in these countries. The dealers, importers and end-customers of Case IH, Steyr, New-Holland Agriculture, Case Construction, Iveco and Iveco Bus will benefit from tailor-made finance and leasing offerings under the brand names of CNH Industrial Capital and Iveco Capital, through dedicated sales support teams, according to Societe Generale.
CNH Industrial is a long lasting premier customer of Societe Generale, as well as a key partner of Societe Generale Equipment Finance in a number of geographies. These agreements are the result of the synergies successfully implemented within Societe Generale various businesses, and more specifically between Societe Generale Equipment Finance and the International Retail Banking Network.
The partnerships will support CNH Industrial to further consolidate its leadership in Central and Oriental Europe.