NORTH CANTON, Ohio — To better reflect the market it serves, Diebold Credit Corporation, a wholly owned subsidiary of Diebold, Incorporated (NYSE: DBD), has officially been renamed Diebold Global Finance Corporation.
According to a news release, Diebold Global Finance provides financing for all Diebold products on a global basis, including hardware, software and services.
"The new name better reflects how our customer financing business is rapidly expanding into international markets to support the growth initiatives of Diebold," said Jeffrey VanCleve, Diebold Global Finance's vice president and general manager. "Our clear objective for Diebold Global Finance is to always be the preferred financing choice for customers in every geographic region that Diebold serves."
According to the release, Diebold Global Finance is the only captive finance organization in the financial self-service, security and card systems industries.
