A leasing surge by Asia-based companies seeking to take advantage of favorable market conditions has emerged as a bright spot ...

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NETSOL Technologies (NTWK) has signed a contract with a Chinese leasing company – marking the customer’s expansion into the Indonesian market.

while Nio Financial Leasing Co was the originator. HSBC was the sub underwriter, financial adviser and account bank. Bank of Communications was lead underwriter and bookrunner.

The agreement signing is for the deployment of NETSOL’s Transcend Finance, comprising its Omni Point of Sale (Omni POS) and Contract Management System (CMS).