All articles by Verdict Staff

Professions financing: Syscap beats off rival brokers to scoop lucrative deal with barristers

Professions financing: Syscap beats off rival brokers to scoop lucrative deal with barristers Syscap has fought off tough competition to win a multi million deal providing services for members of the Bar Council of England and Wales

Big Fish

Alun Richards, managing director of the European business of American lessor, Key Equipment Finance (KEF), said that, in Europe at least, the size of his companys remains comparatively small, at least in relation to the size of its portfolio, of $825m

Croatian leasing on the rise

The Croatian Leasing market is on the rise with over 28,000 contracts already signed in the first six months of 2008, according to the Croatian Financial Services Supervisory Agency (HANFA) The Zagreb-based body has released data showing a 30 percent increase in financial leases signed compared to the same period in 2007, with a total value of about HRK18.24 billion (2.6 billion)

Railpool orders ?196 million worth of rolling stock

Rolling stock lessor Railpool has placed two orders for the supply of 58 Bombadier TRAXX locomotives from manufacturer Bombadier Transportation

Raiffeisen retreats from 2007’s figures

Raiffeisen Leasing IFN, the leasing organ of Romanias Raiffeisen Bank, signed 1,940 leasing contracts worth 130m in 2008s first half a fall of 3.7 percent from the first half of 2007.

Nordbank to shed leasing arm

German lender HSH Nordbank has announced intentions to exit the leasing market entirely, following an 82 per cent drop in overall net profits year-on-year compared to this time in 2007

Lease bonanza to Beijing Olympics

Net sales during the first two quarters of 2008 at a Swedish manufacturer and finance company grew 27 percent year-on-year thanks to lease equipment deals it signed for the Olympic Games in Beijing Swedish video and data networking equipment developer, Net Insight AB, saw net profits soar due to leasing of equipment to Beijing Olympic Broadcasting for the Olympic Games

London Scottish subsidiary goes to Hitachi for £28.5m

London Scottish Bank finalised a deal early in August to sell its invoice financing division to Hitachi Capital UK for £28.5m. It contributed £2.5 million to the banks balance sheet last year, 12 months in which it was hit by a £22 million impairment charge and was the first London-listed bank to be ordered by

Leader of the pack

Stefan Duller, head of Hypo Alpe Adria Leasing, is keen to build on his companys determined entry into South Eastern Europe over the past decade

JCB Take a Break plan storms HP figures