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Secure Trust sees asset finance rise 66% year-on-year to £117.2m 24 March, 2017
Secure Trust Bank’s asset finance business increased by 66% year-on-year to £117.2m (€135.4m) in 2016, according to the bank’s full year results for 2016, accounting for 8.9% of total loans and advances.
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PEAC makes three hires
Thursday, March 23, 2017 Pan European Asset Company (PEAC) has continued its focus on the UK hard asset market with three hires.
FCA Group appoints ROI to support its offering for fleets
Thursday, March 23, 2017 Fiat Chrysler Automobiles (FCA) Fleet and Business has appointed fleet support agency ROI to manage aspects of its offering for fleets.
Wesleyan’s Errington appointed as chair of FCA smaller business practitioner panel
Thursday, March 23, 2017 The Financial Conduct Authority (FCA) has appointed Craig Errington, group chief executive of Wesleyan, as chair of its smaller business practitioner panel.
Toyota Industries acquires Dutch materials handler Vanderlande
Thursday, March 23, 2017 Toyota Industries Corporation (TICO) has signed an agreement to acquire Vanderlande, an automated materials handler, from private equity firm NPM Capital.
Box departs Bibby FS during executive restructure
Wednesday, March 22, 2017 Steve Box has left Bibby Financial Services (BFS) as its international chief executive after the international division of BFS was reorganised during a restructuring of its executive committee.
Thomas becomes executive director of the Leasing Foundation
Wednesday, March 22, 2017 Peter Thomas has been appointed executive director of the Leasing Foundation.
ELFF: Confidence largely unchanged, but views more polarised
Tuesday, March 21, 2017 Confidence for the American equipment finance industry has fallen only slightly in March, despite more respondents believing economy will worsen compared to February, as executives’ views become increasingly polarised.
DLL launches IoT paper, urges business to ‘get on board’
Monday, March 20, 2017 DLL has launched a strategy paper to address the Internet of Things (IoT), and the role it could play in its customers’ businesses and the leasing industry at large.
Close Brothers: Asset finance up 1.5% to £2bn
Monday, March 20, 2017 Close Brothers Asset Finance achieved a 1.5% year-on-year increase in its loan book to £2bn (€2.4bn) as of 31 January 2017, according to its preliminary half-year results.
Acquis: Insurance claims paid rose 43% to £1.3bn in 2016
Monday, March 20, 2017 The number of insurance claims that were paid in 2016 rose 43% year-on-year to more than £1.3bn (€1.5bn), according to Acquis Insurance Management.

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