INSURANCE MOVE
C.S.I. In New Company
A New Zealand-owned insurance company which, in the first instance, will cater for the needs of buyers and sellers of hire purchase-finan-ced motor vehicles has been formed as a subsidiary to the Wellington-based hire purchase financing firm of Credit Services Investments. Details of the new company, which will have a fully paid up capital of £50,000 and will be known as the Creditbank Insurance Company, Ltd., were announced yesterday.
Branches and agencies are being established throughout the country and the move is expected to advance the claim of Credit Services Investments in servicing the hire purchase section of the New Zealand motor trade.
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Bibliographic details
Press, Volume CIV, Issue 30879, 12 October 1965, Page 24
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109INSURANCE MOVE Press, Volume CIV, Issue 30879, 12 October 1965, Page 24
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