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120 Armani Watts Youth Jersey

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Finance > Insurance > Business InsuranceCommenced Business
Posted by leasafric02 in Finance on October 12th Travis Kelce Youth Jersey , 2017

LEASAFRIC GHANA LIMITED was incorporated in March 1992 and commenced business in April 1994. The Bank of Ghana subsequently licensed it in August 1994 as a non-bank financial institution to carry out the business of finance leasing as its principal business. Leasafric has since then been running an Asset Finance business using the technique of finance leasing.

The company was founded by a Ghanaian entrepreneur who pulled together a team of investors comprising a venture fund, two local banks, an insurance company and three other individuals to provide the start-up equity. The founder, Mr. Seth K. Dei initially held 15% of the shares and was for eleven years the Chief Executive of the company before retiring in March 2005.

The shareholding of the company has evolved over the years. Ghana Venture Capital Fund, which initially held 20% of the shares came to term and sold out in August 2003. In December 2004, another investment fund Aureos West Africa Fund bought into the company to take a 51.28% stake Justin Houston Youth Jersey , pushing the founding shareholders into minority position. Some shareholders exercised their share warrants in September, 2006 which brought the Aureos holding to 48.06.

In August 2007, Aureos West Africa Fund and Ecobank Ghana Limited, holding between them 59.05% shares, sold their shares to C & I Leasing Plc, Nigeria. Aureos West Africa Fund subsequently bought out other shareholders totalling 17.58%. Aureos West Africa Fund sold their shares of 17.58% to C & I Leasing Plc in March 2012. In June 2014 West Africa Emerging Markets Growth Fund bought shares.

SERVICES

Over the years Laurent Duvernay-Tardif Youth Jersey , Leasafric has seen the ups and downs of the business life of leasing. So like the elderly, we have the experience and do understand what your needs as well as your expectations are because we listen to you. Whiles our matured eye visualizes what your requests are, our heart has matured to accommodate whatever transport operational requests you may have…Just do the talking and allow us do the walking….

OUR PRIMARY FOCUS

Our efforts would be in futility except our effectiveness as a service oriented organization is judged by one significant element…CUSTOMER SATISFACTION. It therefore is not accidental that Leasafric can boast of such a unique trademark. Over here at Leasafric, the team understands dedicated service and the unique requirements of fleet operations that give clients VALUE FOR THEIR MONEY.

WHY YOU SHOULD ENTRUST US?

FUNDING???

We have a solid capital base that can service the highest pricedvalued facility on the market.

HOW DO WE PULL THAT OFF?

• Leasafric is parented by the only leasing company listed on the Nigerian Stock Exchange, C&I Leasing Plc, Nigeria.

• We have working relationships with credible financial institutions that are internationally accredited that support the facilities we service. Notable amongst these are: Access Kareem Hunt Youth Jersey , UBA, Stanbic Barclays and Standard Chartered Banks, Golden Cedar and many others.

PROCESS – our easy and shortest process in acquiring a facility gives us a competitive advantage; thus online and walk-in application. Have your brand new vehicle or equipment within 2-3 weeks provided it is readily available in the showroom.

CONVENIENCE –We come to you to take your request and you our precious client can easily have access to us at our office location at West-Airport, Accra.

WASHINGTON, Sept. 20 (Xinhua) -- U.S. Federal Reserve on Wednesday kept the interest rate unchanged, but signaled that there might be one more interest rate hike this year.

The central bank also announced on the same day that it will start to unwind its 4.5-trillion-U.S.-dollar balance sheet in October Patrick Mahomes II Youth Jersey , as the market expects.

"We're working down our balance sheet, because we feel that's stimulus that in some sense is no longer needed," said Fed chairwoman Janet Yellen at a press conference after the Fed concluded its two-day policy meeting on Wednesday.

"The basic message here is U.S. economic performance has been good," she added.

Although recent hurricanes are expected to give a shock to the U.S. economy, the Fed continues to expect that the economy would expand at a moderate pace in the future.

According to the Fed's economic projections released on Wednesday, Fed officials expected the U.S. economy to grow 2.4 percent this year Tyreek Hill Youth Jersey , higher than their forecast of 2.2 percent in June.

Alongside the moderate economic expansion, the U.S. job market has shown strong resilience in recent years.

The country's unemployment rate reached 4.4 percent in August, the lowest level since the Great Recession. The monthly job gains remained at a robust pace of 156,000 in August, above the pace of 100,000 to 120 Armani Watts Youth Jersey ,000 that would be consistent with a stable unemployment rate.

Yellen pointed out that if the Fed didn't withdraw its monetary stimulus, the economy could overheat and the inflation could move up more rapidly, in view of the continued labor market tightening.

According to Fed officials' projections, the unemployment rate will drop to 4.3 percent by the end of this year, and further fall to 4.1 percent in 2018 and 2019, well below the 4.6 percent where the economy reaches full employment.

However Dorian O'Daniel Youth Jersey , inflation, the other monetary policy mandate for the Fed, has been running below the Fed's 2-percent target for years, and it also softened this year.

"This year, the short fall of inflation from 2 percent ... is more of a mystery," said Yellen.

In July Derrick Nnadi Youth Jersey , the core personal consumption expenditure (PCE) index, the Fed's preferred inflation indicator, rose only 1.4 percent year on year, below Fed's 2-percent target and also lower than the 1.9 percent in January.

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