All articles by Saad Ahmed

Saad Ahmed

Captives Forum appoints Jirgal chairman

Sven Jirgal was named as the new chairman of the European Captives Form at a meeting held earlier this month at the global headquarters for Volvo Construction Equipment.

European new leasing business up 9.4% to €314.9bn

New leasing business in Europe grew by 9.4% to reach €314.9bn (£268.6m) in 2015, according to a survey conducted by Leaseurope.

Investec increases Haydock Finance block discounting facility to £10m

Investec Asset Finance has increased its existing block discounting facility with Blackburn-based lender Haydock Finance to £10m (€11.6m).

HMRC presents possible tax responses to IFRS16

The HMRC has presented seven possible taxation responses to changes in lease accounting.

Secure Trust Bank provides £1.75m funding line to Independent Inspections

Secure Trust Bank has provided a £1.75m (€2m) funding line to Independent Inspections Group, a provider of assessment and restoration services for the insurance industry.

Sixt Leasing revenue up 7.4% to €353.4m

Sixt Leasing has increased revenues by 7.4% to €353.4m (£305m) in the first half of 2016, according to its results.

Investec names Cunningham head of Quantum Funding

Investec Asset Finance has appointed Paul Cunningham head of Quantum Funding, Investec’s subsidiary responsible for providing asset finance to small and medium-sized enterprises (SMEs) and corporates.

Siemens strengthens Manchester vendor finance sales team

Siemens Financial Services (SFS) will increase the size of its Manchester vendor finance team, which is based at Sir William Siemens House.

Aldermore H1 profits up 45% to £63m

Aldermore has seen a 45% increase in underlying pre-tax profit in the first half of 2016, according to its results.

Metro Bank pledges £30m with LDF for professional services funding

Metro Bank has announced £30m (€35m) funding to support the professional services sector.