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Provident Financial is to sell its motor insurance business to the Bradford-based Car Care Plan subsidiary of GMAC for £170m. 10-May-2007 Provident Financial is considering plans to sell off its motor insurance division for an estimated £200m. 18-Jan-2007 Provident Financial is to close its Horsham-based Yes Car Credit division with the loss of 820 jobs at 28 branches throughout the country. 15-Dec-2005 Provident Financial is to consider the future options for its Yes Car Credit division, which could lead to the business being sold or closed. 15-Sep-2005 Provident Financial is to spend £7m piloting new credit cards over the next 18 months, and £6m expanding its international operations into Slovakia, Hungary and Mexico. 27-Feb-2003 Provident Financial has acquired Yes Car Credit, the car finance company with 34,000 low-income customers, from Candover for up to £141m. 19-Dec-2002 Provident Financial has sold its Colonade Insurance Brokers subsidiary, which includes 88 high street outlets, to Swinton Group for £27m. 31-May-2002 Provident Financial has closed its South African credit and insurance operations in order to focus on the expansion of its central European business. 28-Feb-2002 Provident Financial is planning to launch new credit and insurance operations in Hungary and Slovakia, as part of a strategy to increase its central European business to offset slowing growth in the UK. 23-Feb-2001 Provident Financial is to step up the expansion of its credit business into eastern Europe, following trials in Poland and the Czech Republic. 26-Feb-1999 Provident Financial has won approval to set up a lending business in the Czech Republic, and may then move into Hungary. 01-Dec-1997 Provident Financial is moving into Poland by offering loans via two Polish agents, and is considering expansion into the Czech Republic next year. 29-Aug-1997
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