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LeasePlan had money to spend thanks to SAS

Today SAS announced that LeasePlan Corporation, which has a lease portfolio of 1.2 million vehicles worldwide and has had bank status since 1993, is implementing SAS® Credit Risk Management. This solution will help LeasePlan Corporation to comply with the Basel II banking regulations and could lead to an expansion of its working capital. Thanks to the SAS implementation, LeasePlan Corporation hopes to be able to free up more of its capital reserve allowing the group to literally spend more money such as investing in more cars for customer use.