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Leaseurope: New leasing business in Europe reached €276bn in 2014 02 July, 2015 | By Sotiris Kanaris
New leasing business in Europe reached €276bn (£195.7bn) in 2014, an increase of 9.5% compared to the previous year, according to Leaseurope’s annual statistical survey.
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Leasing Foundation seeks new board chairperson, after Soper steps down
Thursday, July 02, 2015 by Sotiris Kanaris 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
Wednesday, July 01, 2015 by Sotiris Kanaris 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.
Fleets moving on from diesel and towards newer technology
Wednesday, July 01, 2015 by Jonathan Minter Nearly all fleet managers (97%) said they were ‘excited’ about the changes new automotive technology will bring to the sector in a British Vehicle Rental and Leasing Association (BVRLA) survey of 152 people in June 2015.
UTB: 4 out of 5 asset finance brokers find gaining FCA authorisation difficult
Wednesday, July 01, 2015 by Sotiris Kanaris 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.
SMBCE acquires GE’s European Sponsor Finance business for $2.2bn
Tuesday, June 30, 2015 by Sotiris Kanaris Sumitomo Mitsui Banking Corporation Europe Limited (SMBCE) has agreed to acquire GE’s European Sponsor Finance business for approximately $2.2bn (€1.98bn).
Alternative lenders outscore banks on flexibility and service, say small firms
Tuesday, June 30, 2015 by Sotiris Kanaris Nearly half (45%) of small business owners said that greater flexibility was one of the main advantages of asset finance over traditional banking in a study by UK short term loan provider Amicus Finance.
Ultimate Finance Group recruits new regional director for North London
Tuesday, June 30, 2015 by Sotiris Kanaris Baljinder Mali has joined UK broker Ultimate Finance as regional director with responsibility for North London, Slough and Reading.
Arval launches ‘One Arval 2015-17’ digital strategy
Monday, June 29, 2015 Arval, the fleet arm of BNP Paribas, has unveiled its new telematics offering, Arval Active Link, as well as a number of digital enhancements at its annual international Conference on 28of June
Various companies bid to buy GE Capital’s lending and leasing portfolio
Monday, June 29, 2015 GE Capital, the finance and banking arm of General Electric, is in discussions with a number of companies to sell parts of its finance business, according to a number of press reports.
Arval acquires GE Capital’s European fleet business
Monday, June 29, 2015 by Sotiris Kanaris Arval, the fleet arm of BNP Paribas Leasing Solutions, has signed a memorandum of understanding to acquire GE Capital Fleet Services business in Europe.

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