CETELEM

AcronymDefinition
CETELEMCompagnie pour le Financement des Equipements Electro-Ménagers (French consumer finance company)
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References in periodicals archive ?
Sberbank Rossii OAO (MCX:SBER03) intends to complete in June a deal with Cetelem, part of French BNP Paribas SA (EPA:BNP), to form a point-of-sale lending joint venture.
3 June 2010 - Moody's said it set Aaa.ar and Aa3.ar national scale and Ba1 and B2 global local and foreign currency debt ratings to Banco Cetelem Argentina SA's ARS300m (USD76.5m/EUR62.4m) senior debt programme.
The companies expect to close the transaction in the summer of 2012 when their venture will start operations under BNP Paribas' retail banking licence Vostok in Russia and the transfer of Cetelem business from ZAO BNP Paribas.
Local consumptionL'Observatoire Cetelem's survey also looked into what it means to consume locally in the EU.Up to 44 percent of Slovaks consider a local product one that has been made in Slovakia while 34 percent define local product as an item originating from one of the EU member states.
Flavien Neuvy, head of the Observatoire Cetelem industry intelligence firm, recently said, "the good times that we have known over the past decade are behind us." He added that automakers could be hit with heavy fines in Europe next year when strict emissions limits that are "almost impossible to keep" take effect.
(TEB Cetelem) a Long-Term Issuer Default Rating (IDR) of 'BB' and a National Long-Term Rating of 'AAA(tur)'.
Les societes qui ont disparu n'ont pas resiste a la concurrence ou ont ete absorbees par d'autres acteurs du marche, comme c'etait le cas de Wafasalaf qui avait absorbe Credor ou recemment CETELEM qui est devenue une direction de la BMCI.
Cetelem IFN SA, has merged with BNP Paribas Personal Finance, which is the sole shareholder of the company.