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FE Investments Group (ASX:FEI) Cash Payments for Deposits by Banks and Customers


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What is FE Investments Group Cash Payments for Deposits by Banks and Customers?

Cash Payments for Deposits by Banks and Customers only applicable to companies reporting Cash Flow from Operations in direct method.


FE Investments Group (ASX:FEI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » FE Investments Group Ltd (ASX:FEI) » Definitions » Cash Payments for Deposits by Banks and Customers
Traded in Other Exchanges
N/A
Address
101 Miller Street, Level 32, North Sydney, Sydney, NSW, AUS, 2060
FE Investments Group Ltd a financial services company. It is operating as a non-bank deposit taker with deposit-taking licence issued by the reserve bank of New Zealand. It is organized into two reporting segments, being Lending Products and Leasing. The Lending Products segment. The company's focus is the leasing of business equipment and technology products for the SME market. The company accepts deposits from the New Zealand public and lends to the SME sector in New Zealand and Australia. It provides financing facilities in the form of lease financing, term loans, working capital facilities, stock funding, trade finance and business micro-loans. Approximately, 98% of the company's revenue is generated in New Zealand.