Siemens Financial Services (SFS) is expanding its financing business into the Chinese market. The company today announced the launch of a proprietary leasing company in China, the Siemens Finance and Leasing Ltd (SFLL). SFLL has been awarded the leasing license by relevant government bodies and is one of the first 100% foreign owned lessors in the financial services sector in China.
The company will provide its services to customers of Siemens as well as to external vendor partners in China.
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