LeasePlan and Swedbank sign Baltic Alliance Agreement

LeasePlan Corporation NV – the parent company of the UK leasing giant - and Swedbank have renewed their Baltic Alliance Agreement.

In November 2004, LeasePlan signed an Alliance Agreement with Baltic Car Lease (now Swedbank), the largest full service vehicle leasing company in the Baltic States, including Estonia, Latvia and Lithuania.

Under this agreement, LeasePlan clients requiring vehicle management solutions in the Baltic States were referred to BCL/Swedbank.

Clients of BCL/Swedbank requiring vehicle management solutions outside the Baltic States in countries where LeasePlan is present were referred to LeasePlan.

By entering into a new agreement, Swedbank will continue cooperation with LeasePlan with the aim to provide value for their clients.

In turn, LeasePlan will be able to continue to offer increased geographic coverage, a broader scope for its customers’ international fleet programmes, as well as the inclusion of the Baltic fleet information for those international clients utilising LeasePlan’s globally consolidated reporting products.