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Dynamic Collaboration between Credicom Consumer Finance and GM Hellas
11.04.2011
Within the framework of expanding its partnerships, Credicom Consumer Finance, the specialized bank in consumer credit, has signed a major agreement with GM Hellas in order to support the GM dealers’ network in Greece through specialized financial products and services and moreover to support the wider service of the customers’ financial needs nationwide.

This new partnership proves the intention of Credicom Consumer Finance and the parent company Crédit Agricole Consumer Finance to support the Greek car market at this difficult time period and financial situation.

In particular, the agreement of Credicom Consumer Finance and GM Hellas has a twofold objective. Firstly, it aims to seal the support of the dealers’ network by providing the necessary liquidity through floor planning and stock financing services and secondly to meet the car financing needs of its consumers.

Mr. Konstantinos Kanavos, Commercial Director of Credicom Consumer Finance, Long Channel Division stated: "The cooperation agreement with GM Hellas, one of the leading car importers in the Greek car market, constitutes a strategic alliance for Credicom Consumer Finance as it sets the basis for a mutual benefit support through the GM Hellas dealers’ network, while it leads the way for a greater cooperation between the two Groups in the future. We are very proud as the first central agreement between a subsidiary of Crédit Agricole Consumer Finance Group and GM Group has started from Greece. "

Press contact
Anna - Aikaterini Skiada
Marketing Manager
Long Channel Division

Tel.: +30 210 9396409
E-mail: skiada.k@credicom.gr