All articles by Lorenzo Migliorato
Lorenzo Migliorato
SocGen seeks Poland exit as bids for Eurobank unit come in: report
Credit Agricole and others have bid for the acquisition of Societe Generale’s Polish subsidiary Eurobank, according to a report, as one of Europe’s biggest banks and lessors seeks an exit from a fast-growing but highly competitive eastern European market.
UK Finance: 5.6% growth in ABL counters weak invoice finance in Q2
Growth in asset-based lending (ABL) advances among UK Finance members partly offset weakness in the invoice finance sector during the second quarter of the year, figures from the trade association have shown.
Alfa revenues drop 27% on delayed contracts
Alfa Financial Software saw a 27% year-on-year drop in revenues in the first half of the year, to £32.9m (€36.5m), which the software company blamed on the delayed implementation of certain contracts.
Secure Trust finances commercial vehicle provider for £13.5m
Secure Trust Bank (STB) has provided financing for £13.5m (€15m) to Go Plant Fleet Services, a rental and leasing provider of heavy duty vehicles.
Alphabet appoints UK chief operating officer
Alphabet has appointed a chief operating officer for its UK operations.
Capital lease vs operating lease: differences and advantages
Leasing contracts are usually classified as operating or capital (finance) leases. While the distinction is mostly irrelevant for small-ticket transactions such as leasing a car, it has important consequences in areas such as law, accountancy and tax.
Mitsubishi drops stake in Turkish car lessor amid lira plunge
Mitsubishi and its global leasing division have disposed of their stakes in one of Turkey’s biggest car leasing companies, as foreign investors start hedging against the country’s currency crisis.
Eurotainer acquires Dutch tank lessor Taylor Minster
French tank container lessor Eurotainer has acquired Dutch competitor Taylor Minster Leasing (TML) for an undisclosed sum.
DLL portfolio grows 6% to €32.2bn in first half of 2018
DLL’s portfolio grew 6.2% year-on-year to €32.2bn (£29.2bn) in the six months to June, with markets in Benelux reporting particularly strong performance.