All articles by Sotiris Kanaris
Sotiris Kanaris
UK SMEs make 741 complaints to the Ombudsman in 2014
Small businesses made 741 complaints to the Financial Ombudsman Service (FOS) over bank loans and overdrafts in 2014 as banks continued to pull back on lending to SMEs, according to online business finance supermarket Funding Options.
Littner joins Boost Capital as managing director
SME lender Boost Capital has appointed Alexander Littner as managing director, responsible for the strategic direction of the business in the UK.
Chinese govt prioritises leasing in wake of domestic stock market crisis
Chinas State Council has approved a series of measures to accelerate the growth of financial leasing in the country, according to a number of press reports.
Alphabet appoints new chief commercial officer
BMWs fleet arm Alphabet International has appointed Uwe Hildinger as its new chief commercial officer.
Leaseurope: European leasing industry optimistic for H2
European leasing industry players are expecting business volumes to increase in the second half of 2015, according to a business confidence survey by European leasing trade association Leaseurope and leasing consultancy Invigors EMEA.
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Nordea appoints new group CEO and COO
The board of directors of Nordea Bank has appointed Casper von Koskull as the new president and group chief executive officer, and Torsten Hagen Jørgensen as the new group chief operating officer and deputy chief executive officer.
BVRLA: Leasing broker sector sees 10% growth in H1
Broker volumes for car and van leasing grew to 179,935 units in the first six month of 2015, up 10% from the end of 2014, according to a poll of funders by the British Vehicle Rental and Leasing Association (BVRLA).
Aldermore profits up 109% in H1
UK challenger bank Aldermore saw its first-half profits more than double, as underlying profit before tax rose by 109% year-on-year to £44m (60m).
Former HSBC executive joins Shawbrook
HSBC veteran Paul Lawrence has joined UK challenger bank Shawbrook as an independent non-executive director.
ELFA: US leasing business grows 4% in July
US new business volumes were up 4% year-on-year for the month of July at $8.2bn (7.13bn), according to a survey by the US Equipment Leasing and Finance Association (ELFA).