28-Apr-2011 12:12 PM

CIT Group transportation assets up 1% in 1Q2011

CIT Group announced (27-Apr-2011) its transportation finance subsidiary reported USD12,090 million in financing and leasing assets, an increase of +1.0% year-on-year. Details include:

  • Financing and leasing assets: USD12,090 million, +1.0% year-on-year;
    • Loans: USD1283 million, -27.9%;
    • Operating lease equipment: USD10,546 million, +3.6%;
    • Assets held for sale: USD261.3 million, +2153%. [more]