All articles by Verdict Staff

Verdict Staff

Dexia sells stake in Kommunalkredit Austria for ?1

Kommunalkredit Austria, one of Austrias largest public-sector finance providers, has become the first Austrian bank to be nationalized by the state government

Ramirent profits drop 11%

Ramirent profits drop 11% Equipment rental company Ramirent saw its operating profits fall by 11 percent in the third quarter, with Denmark, Norway, Baltic States and Hungary being the worst affected areas.

Bibby offers ‘selective’ factoring

Bibby offers selective factoring UK independent lessor Bibby Financial Services has launched a new selective factoring service, as an enhancement of the factoring services the company offers.

Private & Commercial predicts solid growth

Private & Commercial predicts solid growth Private & Commercial Finance Group (PCFG) has provided results in advance of its interim report, due on 16 December 2008.

Syscap makes changes to boost efficiency

Syscap makes changes to boost efficiency In an attempt to boost efficiency in the current economic climate, Syscap, the independent IT finance provider, has taken steps to lower operational costs.

LeasePlan to combine both UK-based broker arms in major restructuring move

Under the scheme, all the commercial vehicle and car business sourced by LeasePlan UK broker Automotive Leasing will be rolled into Network, the Dutch lessors main brokerage arm. This is largely due to overlap, and will enable Automotive Leasing to focus on its core area of brokering public sector finance deals.

Siemens to close Bellevue and Motor Contracts

The UK arm of Siemens Financial Services is to shut down two of its legacy Broadcastle businesses, including its funfair equipment leasing arm, Siemens Bellevue Finance Ltd.