Close Brothers re-enter Irish motor finance market with acquisition of Bluestone Motor Finance

📆 2023/09/20 19:09:00
📰 IrishTimes

⏱ Reading Time:
18 sec. here
2 min. at publisher
📊 Quality Score:
News: 11%
Publisher: 98%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Up until last year, Close Brothers had an agreement to provide finance to Finance Ireland’s car finance business

Seán Kemple, chief executive of Motor UK and Retail Finance Ireland at Close Brothers, said that the group has been “carefully reconsidering” re-entry options to the motor finance market in Ireland.

Bluestone Motor Finance has originated more than €450 million since inception in 2014, and had loans under management of €132 million at 31st December 2022. Close Brothers Limited, part of Close Brothers Group, has been in the motor finance sector across the UK and Ireland for more than 30 years, under the trading name Close Brothers Motor Finance.

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Finance Minister mandates public bodies and potentially private-sector businesses must accept cash paymentsThe Finance Minister mandates public bodies and potentially private-sector businesses must accept cash payments, addressing digital exclusion and social incl...
Source: NewstalkFM - 🏆 19. / 55 Read more »