All articles by Grant Collinson
Grant Collinson
UK leasing volume up 6% in Q2
UK leasing business volume was up 6% year-on-year in the second quarter of 2013 to £5.75bn (6.68bn), according to the latest figures from the Finance & Leasing Association (FLA).
European lessors stay positive for H2 2013
The majority of European lessors anticipate new business volumes will increase over the next six months and profits will also grow, although market positivity has dipped slightly since the end of last year.
Leasing Foundation forms philanthropy group
Not-for-profit industry body the Leasing Foundation has formed a working group dedicated to the organisation’s philanthropic aims.
Jukka Salonen: This is not a banking product
With good results over the past 18 months, Nordea Finance has its sights on more of the Nordic and Baltic markets. The firms chief executive Jukka Salonen talks to Grant Collinson about cutting costs and increasing income and why parent banks, as well as SMEs, need to understand the leasing industry is not just about products, but about solutions
Leases will be restructured to deal with accounting changes – Fitch
Credit rating firm Fitch Ratings has predicted the proposed lease accounting changes will induce lessees to restructure the leases they sign up to.
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Latest Linedata upgrade now available
Finance software provider Linedata has made available the latest version of its lending and leasing platform, now called Linedata Capitalstream.
Lombard appoints Richard Hemsley as managing director
Richard Hemsley has been appointed managing director of Lombard, the Royal Bank of Scotland-owned asset finance company.
H1 profit up at Grenke, eyes global expansion
IT equipment lessor Grenkeleasing grew profit in the first half of 2013 despite cost increases due to acquisition and international expansion.
Lloyds to sell Aussie leasing arm – WSJ
Lloyds Banking Group is considering selling its Australian asset finance and commercial lending operations, according to a report in the Wall Street Journal.
Nordea sells Polish businesses
Nordea Bank has sold its Polish operations, including Nordea Finance Polska, to PKO Bank Polski for 694m.