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New leases in Estonia near €1bn in 2015 05 February, 2016 | By Brian Cantwell
The total value of new leasing agreements concluded on the Estonian leasing market during 2015 grew by 9% year over year to €942m, according to Latvian news reports.
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FLA: asset finance funded third of all UK assets in 2015
Friday, February 05, 2016 UK FLA figures show growth in asset finance new business (primarily leasing and hire purchase) of 12% in 2015, while a third of all UK assets were funded by leasing firms, says the FLA.
Siemens Financial Services UK launches invoice finance service
Thursday, February 04, 2016 by Sotiris Kanaris Siemens Financial Services UK has launched an invoice finance service, aimed at small to medium sized enterprises (SMEs) across most industries.
Aldermore launches dealer services team
Thursday, February 04, 2016 by Jonathan Minter Challenger bank Aldermore has launched a dealer services team to provide dealers with stock, fleet and customer financing.
United Trust Bank appoints Ayres as chief financial officer
Thursday, February 04, 2016 by Brian Cantwell United Trust Bank (UTB) has appointed Jonathan Ayres as chief financial officer, who has joined UTB from English private bank C. Hoare & Co
GE Capital completes sale of US aircraft leasing portfolio
Wednesday, February 03, 2016 by Brian Cantwell GE Capital has sold its corporate aircraft financing portfolio, valued at about $2.5bn, to Global Jet Capital, a business backed by private equity firms GSO Capital Partners, the Carlyle Group and AE Industrial Partners.
Squire Patton Boggs partner joins TLT
Wednesday, February 03, 2016 by Jonathan Minter Russell Kelsall has joined law firm TLT as a financial services regulatory partner from Squire Patton Boggs.
Škoda UK appoints head of fleet
Wednesday, February 03, 2016 by Sotiris Kanaris Škoda UK has appointed Henry Williams as its new head of fleet, following predecessor Patrick McGillycuddy’s appointment as head of group fleet services for Volkswagen Group UK.
LeasePlan sale gets green light from ECB
Tuesday, February 02, 2016 by Sotiris Kanaris The European Central Bank (ECB) has issued a ‘declaration of no objection’ for the €3.7bn acquisition of LeasePlan by a consortium of long-term investors.
UK leads Europe in asset based finance
Tuesday, February 02, 2016 by Sotiris Kanaris Asset based finance supported businesses representing 15.1% of the UK’s economy in the year to 30th of June 2015, ahead of an average of 10.3% across Europe, according to data from EU Federation Factoring and Commercial Finance.
Close Brothers Asset Finance acquires UK broker Finance for Industry
Monday, February 01, 2016 by Brian Cantwell Close Brothers Asset Finance has bought Finance for Industry, a finance broker for the engineering, print, plastics and machinery sectors.

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