SaadAhmed, Author at Leasing Life

Asset-based Lending

ELFF: Confidence largely unchanged, but views more polarised

Confidence for the American equipment finance industry has fallen only slightly in March, despite more respondents believing economy will worsen compared to February, as executives’ views become increasingly polarised.

Asset-based Lending

DLL launches IoT paper, urges business to ‘get on board’

DLL has launched a strategy paper to address the Internet of Things (IoT), and the role it could play in its customers’ businesses and the leasing industry at large.

Bank Asset Finance

Close Brothers: Asset finance up 1.5% to £2bn

Close Brothers Asset Finance achieved a 1.5% year-on-year increase in its loan book to £2bn (€2.4bn) as of 31 January 2017, according to its preliminary half-year results.

Company news

Acquis: Insurance claims paid rose 43% to £1.3bn in 2016

The number of insurance claims that were paid in 2016 rose 43% year-on-year to more than £1.3bn (€1.5bn), according to Acquis Insurance Management.

Industry news

Leaseurope: New leasing business grew 10.3% year-on-year to €103bn in 2016

New business volumes in the European leasing market grew 10.3% to reach €103bn (£90bn) in 2016, according to Leaseurope’s quarterly index.

Company news

ALD Automotive appoints Bellemere as deputy CEO

ALD Automotive has appointed Gilles Bellemere as deputy chief executive officer, replacing Pascal Serres, who has joined Societe Generale.

Company news

Close Brothers appoints Biggs as chairman and non-executive director

Close Brothers has appointed Mike Biggs as an independent non-executive director and chairman designate of the group, succeeding Strone Macpherson who will step down 30 April this year.