All articles by Sotiris Kanaris
Sotiris Kanaris
Luna Finance gets FCA seal of approval
UK asset finance broker Luna Finance has been granted regulatory status by the Financial Conduct Authority (FCA).
Hungarian leasing market grows 6.5% in the first nine months of 2015
The total value of finance provided by the Hungarian leasing sector increased by 6.5% year-on-year in the first nine months of 2015 to HUF 329bn (1.05bn), according to the Hungarian leasing association.
Shawbrook asset finance originations hit £126m in Q3
Shawbrook reported that its asset finance division’s originations stood at £126m (177.8m) in the third quarter of the year, up 36% year-on-year.
FLA: Asset finance market records two years of consecutive growth
Asset finance new business increased by 3% in September compared to the same month last year to £2.68bn (3.78bn), according to the Finance & Leasing Association (FLA).
ING Group profit exceeds 1bn
Dutch banking and financial services corporation ING Group has reported a 15% year-on-year increase in profit in the third quarter of 2015, boosted by its retail banking operations and lower loan-loss provisions.
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CMA: Around 90% of SMEs go to their BCA provider for loans
Around 90% of SMEs went to their business current account (BCA) provider when looking for loans, an investigation by Competition and Markets Authority (CMA) has revealed.
Raphaels Bank joins FLAs asset finance division
UK-based consumer and asset lender Raphaels Bank has joined the asset finance division of the Finance & Leasing Association (FLA).
Chevin: Fleet managers confused over big data possibilities
Too much data is being collected by fleets that has no strategic purpose, Chevin Fleet Solutions has found.
Leaseurope: new business volumes and profit rise in Q2 2015
New leasing business in Europe grew by 9.4% in the second quarter of 2015 compared to the same period last year, according to Leaseurope’s quarterly survey.
Macquaries corporate and asset finance profit up 31% in H1
Macquarie Group reported a 31% year-on-year increase in profit from its corporate and asset finance (CAF) division for the half-year ended 30 September 2015 (1H16), which stood at 396.5m.