finance house

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finance house

a financial institution that is not a bank or building society and that provides credit to finance personal or corporate acquisitions of property. Many finance houses specialize in the financing of purchases of consumer goods on hire purchase; others specialize in equipment leasing. Authorization for lending activities is required under Banking and Consumer Credit legislation.
References in periodicals archive ?
If the contract is terminated during the lease period, the bank or finance company has the right to activate their insurance for compensation, if applicable, based on the schedule of instalments in the contract.
How to drive a good bargain when you lease a car
Luxembourg, July 13 (ANI): The Beijing-based Asian Infrastructure Investment Bank (AIIB) will provide a 100 million dollar (about Rs 700 crore) loan to L&T Infrastructure Finance Company for wind and solar infrastructure projects in India.
L&T Infrastructure Finance gets $100 million loan from AIIB for renewable energy projects
House Building Finance Company Limited (HBFC) is the prime housing finance institution of the country, providing affordable housing solutions to low and low-middle income groups of population by encouraging new construction in affordable housing sector.
HBFC signs MoU with Namal Institute Mianwali
Muscat Finance Company's net profit fell 60 per cent to RO370,000 in the first quarter of 2019 compared to RO927,000 in the same period of 2018.
NBFCS FEELING THE PINCH OF TIGHT LIQUIDITY, LOWER MARGINS
Following the transaction, Superior's operations will become part of Stetson Insurance Funding LLC, a wholly owned subsidiary of RSG and a licensed premium finance company.
Ryan Specialty Group Acquires New York's Superior Payment Plan
The Central Bank has set new terms and conditions for the transfer of personal loans or personal finance from one bank or a finance company to another.
UAE to amend retail-banking rules
ENGS Commercial Finance Company specialises in equipment finance, working capital finance and insurance.
Mitsubishi UFJ Lease/Finance to Acquire ENGS Commercial Finance
Amongst the several new laws and regulations being introduced in the UAE, the UAE Central Bank ("Central Bank") has on10 May 2018 issued new Finance Company Regulations ("Regulations" or "2018 Regulations") which are to come into effect one month after its publication.
Overhaul of the UAE Finance Companies Regulations
Corporation (NYSE: FNB) has announced that in 2018, it plans to divest its consumer finance subsidiary Regency Finance company and consolidate up to 20 branches of its retail banking subsidiary, First National Bank of Pennsylvania, to enhance the overall positioning of its consumer banking operations, the company said.
F.N.B. to optimize retail branch network
The company will sell its consumer finance subsidiary, Regency Finance Company, and consolidate up to 20 branches of its retail banking subsidiary, First National Bank of Pennsylvania, in 2018.
F.N.B. to sell consumer finance subsidiary to Mariner Finance
The Federal Reserve produces comprehensive data on the volume and composition of credit and lease financing provided by the finance company industry and reports these data in its G.19, "Consumer Credit"; G.20, "Finance Companies"; and Z.1, "Financial Accounts of the United States" statistical releases.
Survey of Finance Companies, 2015
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