All articles by Sotiris Kanaris
Sotiris Kanaris
Close Brothers distributes £30m to SMEs through Regional Growth Fund
UK lender Close Brothers Asset Finance has distributed the funds it was awarded in the third round of the governments Regional Growth Fund (RGF), totalling £30m (42.3m).
ACM: Competition in Dutch SME loan market is suboptimal
Competition in the Dutch market for SME loans from banks is suboptimal and has decreased in the past few years, a report by the Netherlands Authority for Consumers and Markets (ACM) has revealed.
Bibby completes over 600 deals in first half of 2015
Invoice finance provider Bibby Financial Services (BFS) completed 609 new deals in the first half of the year, lending £146m to new clients.
Shawbrook appoints Cornish as new chairman
UK challenger bank Shawbrook has appointed Iain Cornish as its chairman to replace Sir George Mathewson, who has stepped down.
Cambridge & Counties Bank loan book value reaches £350m
UK challenger bank Cambridge & Counties Bank has lent more than £350m (493m) to small and medium sized businesses since its launch in 2012. This is an increase of nearly £100m since the beginning of the year.
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BVRLA: Number of fleet vehicles through brokers up 20% in 2014
The number of broker-originated vehicles on contract with funders increased by 20% last year compared to 2013, according to a survey by the British Vehicle Rental and Leasing Association (BVRLA).
Leaseurope: New leasing business in Europe reached 276bn in 2014
New leasing business in Europe reached 276bn (£195.7bn) in 2014, an increase of 9.5% compared to the previous year, according to Leaseuropes annual statistical survey.
Leasing Foundation seeks new board chairperson, after Soper steps down
The Leasing Foundation, a non-profit organisation that supports the UK leasing and asset finance industry, has begun searching for a new chairperson following the announcement that Derek Soper, of IAA-Advisory, has stepped down from the role.
Amicus Finance in talks to apply for banking licence in UK
UK short term loan provider Amicus Finance is in the early stages of negotiations with the Financial Conduct Authority on seeking a UK banking licence the Financial Times (FT) has reported, citing undisclosed sources.
UTB: 4 out of 5 asset finance brokers find gaining FCA authorisation difficult
Four out of five asset finance brokers working in the commercial finance sector have found the process of becoming fully FCA authorised difficult, a United Trust Bank (UTB) survey has found.