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Avolon considers $2.55bn takeover bid 03 August, 2015 | By Sotiris Kanaris
Irish aircraft leasing firm Avalon announced that it is considering a $2.55bn (€2.33bn) offer by Chinese rival Bohai Leasing.
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Polish leasing market grows 13.2% in H1 2015
Friday, July 31, 2015 by Sotiris Kanaris The total value of finance provided by the Polish leasing sector increased by 13.2% in the first half of 2015 compared to the same period last year, reaching PLN 23.85bn (€5.76bn), according to Związek Polskiego Leasingu (ZPL).
BDL: German new leasing business grows 6% in H1
Friday, July 31, 2015 by Sotiris Kanaris New leasing business grew by 6% in Germany in the first half of the year compared to the same period in 2014, according to the German leasing association Bundesverband Deutscher Leasing-Unternehmen (BDL).
Senior reshuffle at the FCA
Friday, July 31, 2015 by Jonathan Minter The Financial Conduct Authority (FCA) has recruited Magan Butler director of supervision – investment, wholesale and specialists as a one year secondment, and Christopher Woolard to its Board.
Lex posts 6% growth on 2014 figures
Friday, July 31, 2015 by Sotiris Kanaris Lex AutoLease, the fleet arm of Lloyds Bank, has achieved net fleet growth of 6% year-on-year in the first half of 2015. The lessor’s fleet size exceeded 300,000 vehicles over this period.
Haydock secures £32.5m credit line from RBS & Lombard
Friday, July 31, 2015 by Brian Cantwell Haydock Finance Limited has secured increased funding facilities of £27.5m (€39.1m) from the Royal Bank of Scotland and a further £5m from the bank's asset finance partner, Lombard.
Leaseurope: 51% of European SMEs used leasing in 2014
Thursday, July 30, 2015 by Sotiris Kanaris More than half (51%) of SMEs in 8 major European markets used leasing in 2014, up from 43% in 2013, a Leaseurope survey estimated.
NACFB Finance Platform into final stages of government programme
Wednesday, July 29, 2015 by Sotiris Kanaris The National Association of Commercial Finance Brokers (NACFB) has been notified by the British Business Bank (BBB) to provide a formal proposal of its suggested online referrals platform.
Sword Apak to provide dealer wholesale floor planning system to Wells Fargo
Wednesday, July 29, 2015 by Sotiris Kanaris Wholesale systems provider Sword Apak has secured a deal to provide its new dealer floor planning and loan service, WFSv6, to Wells Fargo Dealer Services.
ALD Automotive’s £12m plan for new UK headquarters
Wednesday, July 29, 2015 by Sotiris Kanaris ALD Automotive’s UK headquarters will relocate to a new £12m development in Bristol within the next 18 months.
Van de Werve resigns from Leaseurope and Eurofinas
Tuesday, July 28, 2015 by Brian Cantwell Leaseurope and Eurofinas director general Tanguy van de Werve is to depart both organisations and join the Association for Financial Markets in Europe (AFME) as its managing director, advocacy, and head of AFME's Brussel's office.

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