Asset finance and leasing advisory firm IAA Advisory has completed a training course for the leasing subsidiary of Chinese firm Great Wall Asset Management.
Great Wall is owned by the Chinese Ministry of Finance, who commissioned IAA to lead a series of lectures for its 20 employees on the complexities of asset finance in the global asset finance markets.
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IAA Advisory chairman Derek Soper said; "All aspects of international leasing were covered as well as a number of actual transactions to demonstrate the complexity of infrastructure leasing and certain equipment types."
The course was designed and delivered by IAA director for credit and risk management John Batty and IAA director of strategic marketing Nick Gallop, and included a number of specialist subject lectures and company visits.
According to the China-Britain Business Council, China Great Wall Asset Management Corporation was founded in 1999, and is a wholly state-owned financial organisation with registered capital of RMB 10 billion yuan (1.28bn).
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