All articles by Jason T
Jason T
Ex-Bank of Scotland team create new leasing co
Three former Bank of Scotland (BoS) bankers have teamed-up to create a new asset finance business, T&L Leasing Ltd.
Arval reports “above-market performance”
Fleet lessor Arval saw its fleet grow by 12 percent in 2008, achieving what it calls an “above-market performance”.
Commerzbank considering sale of KGAL
Commerzbank is considering selling off the 45 percent stake that its newly-acquired Dresdner Bank subsidiary owns in KGAL, the German lessor, according to press reports.
Quartz Finance grows amid expansion plans
Quartz Finance grows amid expansion plans Bucking the trend for leasing brokers, Quartz Finance has continued to grow at 6 percent in the past year
Captives offering new inducements
In the aftermath of a financial crisis that has tightened credit markets for businesses throughout Europe, SMEs are increasingly looking at alternative ways to fund their purchases.
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Germany and Spain riding high
The medical equipment segment remains profitable throughout Europes Big Five economies, and market information provider Espicom estimates the market will continue to grow in the next five years.
Merger of leasing arms of Fortis and BNP Paribas on ice
Four months on since the announcement that their parents were to merge, discussions regarding the expected integration between Fortis Lease and BNP Paribas Lease Group (BPLG) have been frozen pending a general assembly of Fortis shareholders on February 11.
DnB Nord joins Tallinn and Vilnius stock exchanges
DnB Nord Banka has been approved as a member of the NASDAQ OMX Baltic Market stock exchanges in Tallinn and Vilnius.
Downturn sparks leasing sector consolidation
With a projected negative growth of around 10 percent, the number of leasing providers in Europe will decrease by up to 30 percent in the next five years, according to a major consultancy.
Deutsche Leasing predicts ?4.5bn NBV in H1 2009
Deutsche Leasing expects business volume to grow to 4.5 billion in the first half of its fiscal year 2009, the German lessors chief executive, Hans-Michael Heitmller, said.