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16/03/2002 -

BNP Paribas Lease Group establishes a presence in Hungary.

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BNP Paribas Lease Group has just acquired the Hungarian subsidiary of the Austrian leasing company Leasfinanz.

This company, which specializes in leasing trucks and construction machines, will give BNP Paribas Lease Group an immediately operational unit in this EUR 2 billion market.

It is also a means of developing synergies with Corporate Banking (BFI) for all of the Group’s clients investing in Hungary.