Skip to main content

Celebrating 40 years of excavator production

JCB Finance is celebrating its 40th Anniversary, tracing its origins back to the formation of JCB Credit in February 1970. In the first year of operation it achieved a turnover of £900,000 (€1 million) reaching the milestone of over £500 million (€563 million) in lending balances in December 2007. August 1998 saw a name change to JCB Finance Limited, the result of a desire from JCB to replicate the success of its UK finance arm under one common finance brand across the world.
May 14, 2012 Read time: 1 min
255 JCB Finance is celebrating its 40th Anniversary, tracing its origins back to the formation of JCB Credit in February 1970. In the first year of operation it achieved a turnover of £900,000 (€1 million) reaching the milestone of over £500 million (€563 million) in lending balances in December 2007. August 1998 saw a name change to JCB Finance Limited, the result of a desire from JCB to replicate the success of its UK finance arm under one common finance brand across the world.

For more information on companies in this article

Related Content

  • ADB extends US$252mn loan to fund road construction in five India states
    April 9, 2013
    Philippines-based Asian Development Bank (ADB) has agreed to loan the Indian government US$252 million for key road construction projects. The 25-year loan has a grace period of five years, a commitment charge of 0.15% per annum, and the interest rate will be determined on ADB’s LIBOR-based lending facility. The loan will be used to finance the construction of 3,461km of all-weather rural roads in West Bengal, Odisha, Madhya Pradesh, Chhattisgarh and Assam with the first phase scheduled to complete in Decem
  • Thirst for Infrastructure: The Belt & Road Initiative
    November 8, 2017
    Susanna Zammataro, IRF Geneva, writes: The China Highway and Transportation Society (CHTS) – an esteemed member of IRF – will be hosting a special Session on the Belt and Road Initiative during the IRF World Meeting in Delhi, 14th-17th November 2017. Last May, president Xi Jinping welcomed 28 heads of state and government to Beijing to celebrate the “Belt and Road” initiative, an ambitious plan in terms of infrastructure development, but also in terms of foreign policy. Launched in 2013 as “One belt, On
  • Event: PIARC World Road Congress in Prague
    December 19, 2022
    The theme ‘Together on the road again’ is apt given that the pandemic had “kept us apart for far too long”, notes PIARC, the Permanent International Association of Road Congresses, or World Road Association.
  • Caution not catastrophe in European market, says Volvo CE EMEA sales boss
    July 3, 2012
    There is caution but no catastrophe in the European construction equipment sales market, according to Volvo Construction Equipment (CE) EMEA sales president Tomas Kuta. Speaking at a press conference to launch Volvo CE’s PL3005D pipelayer, and ahead of the in-port race of the Volvo Ocean Race in Lorient, France, Kuta said: “Europe is not a catastrophe. Our Quarter 1 (2012) results were very much driven by Europe, but it’s the outlook that is so uncertain. “We (Volvo CE) have seen good development in the no