All articles by Saad Ahmed
Saad Ahmed
Aldermore: Asset finance rose 17% YoY to £1.6bn in 2016
Aldermore Bank provided £1.6bn (€1.9n) in asset finance, according to the challenger bank’s full year results.
HPD Software launches LendScape, appoints Cole to lead team
Asset finance technology provider HPD Software has launched LendScape, a suite of products aimed for the commercial finance sector, with Andrea Cole responsible for its team.
3 Step IT appoints Skidmore MD of UK operations
IT lessor and management company 3 Step IT has appointed Jason Skidmore as managing director of its operations in the UK, taking over from Jon Davies and Peter Hetherington who established the UK office in 2005.
ELFA: New leasing business up 3% year-on-year to $6.2bn in January
New business volumes in the American leasing industry rose by 3% to reach $6.2bn (£5.9bn) in January 2017, according to the Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25).
Hitachi Capital appoints three to non-executive director team
Hitachi Capital UK has appointed Guy Munnoch as chairman and shuffled its non-executive team.
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Midlands Asset Finance to contribute to 2017 Parliamentary Review
Midlands Asset Finance, the Derbyshire-based independent financial services broker, will contribute to the 2017 Parliamentary Review publication alongside other financial services businesses.
Metro Bank: Lending up 66% to £5.9bn
Metro Banks lending rose 66% year on year in 2016 to reach £5.9bn (6.9bn), increasing its loan to deposit ratio to 74%, according to its provisional full year results for 2016.
Aldermore appoints Elliot business development manager for invoice finance
Aldermore Bank has appointed Graeme Elliot as business development manager, in the latest push to increase their presence in the South of the UK.
Arval grew fleet by 8.4% to over a million cars in 2016
Fleet lessor Arval increased its fleet by 8.4% year on year in December 2016, to reach 1,028,142 vehicles leased, which the company attributes to its mergers and deals.
ABN Amro appoints de Keijzer and Lefevre as managing directors
ABN Amro has appointed Richard de Keijzer as managing director for ABN Amro Commercial Finance in the UK and Simon Lefevre as managing director for ABN Amro Lease UK, effective 1st March 2017.