All articles by Verdict Staff
Verdict Staff
Dig Deep for Cancer Journey
Former Welsh rugby union fly half Phillip Bennett is to be the speaker at this years Leasing Industry Charity Christmas lunch in aid of Cancer Journey. A last-minute cancellation means one table is still up for grabs at the Christmas lunch with wine bar and auction raffle
Volvo FS opts for Oyster Bay
The software will allow Volvo to put all its back-office procedures for the region onto a single platform, and is now running in the Netherlands, Southern Ireland and the UK. Volvo Financial Services (VFS) UK operations manager Gavin Armitt said: “The was a need to initiate all operational leases, finance leases and instalment credit contracts that have been accepted at the point of sale and run them through to the end of contract
Hitachi funds NHS vehicles
Deal includes 36 LCVs and HCVs for blood and transplant unit Hitachi Capitals commercial vehicles arm has signed a deal to supply 36 LCVs and HCVs to the National Health Services blood and transplant unit.
SGEF does awards double
SG Equipment Finance has won the European Lessor of the Year Award, and Investec Asset Finance was crowned SME Champion, at the Leasing Life Asset Finance Awards in Milan on 4 November. SG Equipment Finance also swiped the Vendor Finance Provider of the Year Award, making it a double winner in this years celebrations.
Lifetime Achievement Award
With over four decades of success in global leasing and asset finance, Derek Sopers breadth of experience and expertise in the sector is virtually unrivalled. During his career, he has founded and nurtured leasing companies for landmark names such as AT&T, Barclays, Kleinwort Benson and Midland Bank
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
IDS launches Rapport360
International Decision Systems has transformed its front office system with the Rapport360 upgrade, introducing greater accuracy, speed and transparency to decision making. Rapport360 integrates with InfoLease, ProFinia and other back office systems to provide a single screen view of customer data, from credit bureau information, scorecards, payment history, delinquencies, and overall exposure. IDSs new smart synchronisation system means that customer data changes keyed into the system automatically update throughout all appropriate back office databases.
Basel III spotlight on Barclays
Standard Chartered is looking to raise £3.3bn (3.7bn) through a rights issue ahead of Basel III and other banks, particularly Barclays Bank, are rumoured likely to follow suit. Under Basel III, banks will need more capital to run the same level of business than was required by Basel II
Market decline slows in H1
The decline in Europes leasing volumes has slowed dramatically for the first half of 2010, down 1.3% year-on-year to 94bn. Piero Biagi, chairman of Leaseuropes statistics and marketing committee, said: “While the overall market experienced a small decline in the first half of 2010, we are far off the double-digit decreases of 2009
BPLG rebrands
The change reflects the French lessors extension of its business model to include a range of new activities to go alongside funding. By offering added-value services during the whole life cycle of the equipment, as well as solutions designed to meet customers professional needs, BNP Paribas Leasing Solutions helps them to grow and to succeed in their projects,” the company said.
Bluestone growth spurt
The upbeat moves reflect a doubling of new business in the past 12 months, owing in part to a gap in the market caused by restrictions on bank credit.