The Office of the Comptroller of the Currency on Wednesday made it easier for national banks to acquire personal property for leasing.

In a rule effective Jan. 17, the agency is allowing banks to acquire personal property for leasing before the bank enters into or arranges a specific leasing transaction.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.