Grenkeleasing Ag Bdn New (GKSGF)

Grenkeleasing AG is a diversified provider of financial services for small and medium-sized companies and private customers. It covers small-ticket IT leasing and factoring through Grenke Bank traditional online banking services. Its segments include the Leasing segment which comprises all of its activities that are related to thegroup's consolidated leasing business. The service encompasses the provision of financing to commercial leases, rental, insurance, service, and maintenance offerings, as well as the disposal of used equipment. The Banking segment comprises the activities of Grenke Bank AG, which regards itself as a financing partner to small and medium-sized companies. Grenke Bank AG cooperates with development banks in providing financing to its clientele in the context of business start-ups. Fixed-term deposits are offered to investors via its internet presence. The Factoring segment contains the activities of Grenkefactoring GmbH, which performs traditional factoring services and which is engaged in small-ticket factoring in Germany.