All articles by Sotiris Kanaris

Sotiris Kanaris

ALD Automotive appoints new CCO

Societe Generale Group’s operational leasing and fleet management division ALD Automotive has appointed Kent Bjertrup as chief commercial officer.

ABFA: Asset based finance reaches a record high of £20bn

Invoice finance and asset based lending for UK and Irish businesses hit a record high of £20bn (€27.9bn) in Q3 2015.

Raiffeisen-Leasing Polska completes new securitisation transaction

Raiffeisen-Leasing Polska (RLPL), which is wholly owned by Raiffeisen Bank Polska, has completed an extension of its lease receivables securitisation.

GE to sell equipment and receivable finance divisions to BFCM

General Electric (GE) has signed a memorandum of understanding for the potential sale of its Equipment Finance and Receivable Finance businesses in France and Germany to Banque Fédérative du Crédit Mutuel (BFCM).

Deere’s earnings fall attributed to farming and construction downturn

Net income attributable to Deere & Company for fiscal 2015 – ended October 31- stood at $1.94bn (€1.83bn), down from $3.16bn recorded in the previous year.

EBRD to take 30% stake in Ukraine’s Raiffeisen Bank Aval

The European Bank for Reconstruction and Development (EBRD) has signed an agreement to acquire a 30% stake in Ukraine’s Raiffeisen Bank Aval (RBA), a subsidiary of Raiffeisen Bank International.

UK regulator FCA seeks views on its approach to SMEs

The Financial Conduct Authority (FCA) has published a discussion paper, reviewing the way in which small and medium sized enterprises (SMEs) that use financial services are treated under its rules.

Davenham Asset Finance expands its business development team

UK-based Davenham Asset Finance has appointed Jonathan (Jonty) Cooke as business development manager, south west.

Lex in talks to outsource ‘major part’ of remarketing operation to BCA

Lex AutoLease, the fleet arm of Lloyds Bank, is to outsource a major part of its remarketing operation to BCA Marketplace at the start of next year, according to Fleet News.

Praetura’s HP deal with coach company

UK-based Praetura Asset Finance has provided a hire purchase (HP) facility to coach company Barnards Coaches.