FCA Bank has announced the 'renewal of its successful relationship with Jaguar Land Rover'. The contract covers the funding of Jaguar Land Rover vehicles for the franchise dealer networks of eight markets in mainland Europe as well as a full range of point of sale financing, leasing and insurance solutions for end customers.
Giacomo Carelli, CEO of FCA Bank said: "I am delighted that we are further extending our contract with Jaguar Land Rover. We have worked successfully together in Europe since 2009 and the Jaguar Land Rover relationship is highly valued by all of us. We remain fully committed to supporting Jaguar Land Rover achieve its ambitious growth plans during this renewed period of our association, through innovative and competitive financial services and mobility solutions".
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About FCA Bank S.p.A.
FCA Bank S.p.A. is a bank mainly engaged in car financing and associated services. with the objective of meeting all mobility requirements and has a presence in 17 European countries and in Morocco, directly or through subsidiaries.
FCA Bank S.p.A. is an equally held joint venture between FCA Italy (a company of global car manufacturer Fiat Chrysler Automobiles) and Crédit Agricole Consumer Finance (a subsidiary of Credit Agricole S.A.).
FCA Bank S.p.A. provides both retail and wholesale financing solutions for 12 brands (including JLR) across its operating perimeter. Long-term rental solutions are provided by Leasys Group, a wholly-owned company of FCA Bank S.p.A. key player in the Italian market and currently expanding in Europe. As of 31 December 2017 FCA Bank S.p.A. reported a portfolio of around EUR24 billion.
