Motorcycle lease firm plans to expand market share
CAMBODIA’S first financial leasing company plans to rev up its market share for motorcycle financing from 15 to 45 percent starting this year. GL Finance plans to do so by increasing its number of branches here from 11 to 36, said Mitsuji Konoshita, chairman of Group Lease, the Thai-based parent of GL Finance. The expansion will start in July this year, said GL Finance’s executive director, Christophe Forsinetti, and the branches will continue providing leases for motorcycles with partner Honda. …
