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UTB launches block discounting service for non-bank lenders
UK-based United Trust Bank (UTB) has introduced a block discounting service, providing essential funding options for non-bank lenders that do not …
Finalists unveiled: Sustainable Finance Summit 2024
The finalists for the Sustainable Finance Summit 2024 Awards, set to take place in Paris on 16 May, have been …
Nathan Mollett completes gruelling Marathon des Sables, raises £14,600
Nathan Mollett, chair of the Leasing Foundation, accomplished the daunting Marathon des Sables (MDS) Legendary, a gruelling 250km race through …
SMEs and the sustainability imperative: Q&A with Novuna Business Finance’s Head of Insight
Novuna Business Finance has recently released two reports shedding light on critical aspects of small and medium-sized enterprises (SMEs). The …
British Business Investments offers £15m facility to Catfoss Finance
British Business Investments, a unit of the British Business Bank, has extended a £15m finance facility to Catfoss Finance. With the …
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BNP Paribas exceeds expectations in Q1 earnings
BNP Paribas, the French multinational bank, has reported its first-quarter earnings, outperforming analyst predictions. Despite a slight 2% decline in …
Allica surpasses £500m milestone in asset finance lending
Allica Bank, a business bank targeting UK SMEs with 10 to 250 employees, has lent over £500 million in asset …
Dawn Tuck joins Close Brothers Asset Finance’s Manufacturing team
Close Brothers Asset Finance’s Manufacturing team has appointed Dawn Tuck as Regional Sales Manager for the North West. Dawn Tuck brings with her significant …
Time Finance expands invoice finance team with new hire
Time Finance has bolstered its invoice finance team with the appointment of Dan Murphy as the new business development manager. Murphy, …
Leasepath bolsters leadership team with appointments in client relations and product management
Leasepath, a technology provider for the asset finance sector, has announced the appointment of Stefany Rojas as Executive Director and …
Three years of NZBA: greenwashing or world changing?
On April 21, 2021, six months before the crucial Glasgow climate summit, 43 founding signatory banks launched the Net-Zero Banking Alliance (NZBA), …
Groupe BPCE to see moderate boost in diversification from SGEF acquisition: Fitch
Fitch Ratings recently commented on Societe Generale's (SG) sale of its equipment leasing arm, SG Equipment Finance (SGEF), noting its …
Resilient automotive sector defies Israel’s leasing downturn trend
Israel's leasing market, facing a downturn amidst economic challenges, fighting in Gaza and regional instability, has seen its automotive sector …
CHG-MERIDIAN’s lease originations rise 9.9% to €2.45bn in 2023
CHG-MERIDIAN, a technology management and financing company, has reported that its lease originations reached €2.45bn in 2023, up 9.9% compared …
European retail bank cost-income ratio drops in 2023, profit per customer rises
The Kearney Retail Banking Radar 2024 report reveals that the cost-income ratio drops to from 60% to 53% in 2023 …