All articles by Sotiris Kanaris

Sotiris Kanaris

Polish leasing market soars by 16.3% in 2015

The total value of new leasing volumes provided by the Polish leasing sector increased by 16.3% 2015 compared to the previous year, reaching PLN 49.8bn (€11.2bn), according to Zwiazek Polskiego Leasingu (ZPL).

Former HPI director joins Raphaels Finance

Raphaels Finance, the motor and asset finance division of Raphaels Bank, has appointed Darren Greenyer as deputy head of lending.

Scania Financial Services’ portfolio reaches €6.1bn in 2015

Scania Financial Services, the finance arm of the Swedish manufacturer of heavy trucks and buses, reported a customer finance portfolio of SEK 56.5bn (€6.1bn) at the end of 2015.

Profit more than doubles at 1pm to £1.66m

UK finance provider 1pm saw its profit more than double year-on-year to £1.66m (€2.19m) in the six months ended 30th November 2015.

Rabobank considers €4.5bn DLL sale

Rabobank Group is in preliminary talks with banks, institutional investors and private-equity firms that may bid for its leasing unit DLL, according to media reports.

First apprentice recruited for Hitachi Capital and NACFB scheme

Martin Nield was the first apprentice to be recruited for the joint apprenticeship scheme between the National Association of Commercial Finance Brokers (NACFB) and Hitachi Capital Business Finance.

BVRLA: Gvt tempted to use VW emissions crisis as excuse to raise fuel duty

The government will be tempted to use the recent VW emissions crisis as an excuse to raise fuel duty in 2016, British Vehicle Rental and Leasing Association (BVRLA) chief executive Gerry Keaney has said.

New Bank Start-up unit launched in the UK

UK financial regulators, the Financial Conduct Authority and the Prudential Regulation Authority (PRA) have launched the ‘New Bank Start-up’, to assist newly authorised banks and those thinking of becoming a new bank.

Aldermore provides invoice finance facility to construction recruiter

UK challenger bank Aldermore has agreed to provide a £100,000 (€131,000) invoice finance facility to construction recruitment firm Mansion Recruitment.

Scania wins record truck order in Great Britain

British transport operator Eddie Stobart and its associated companies have ordered more than 2,000 trucks from Swedish truck and bus manufacturer Scania. The company said this is its largest ever order in Europe.