All articles by Verdict Staff

OTP Bank sells Slovakian leasing unit

OTP Bank sells Slovakian leasing unit The Hungarian bank, OTP Bank, has announced that it has sold its Slovakian leasing unit to Credium, a Czech company wholly owned by Frances SOFINCO, for an undisclosed price.

Volkswagen offers credit facility to LeasePlan

Volkswagen offers credit facility to LeasePlan Volkswagen AG has provided a 1.5 billion credit facility to vehicle management and leasing company LeasePlan, available for immediate use

Hoping for growth

VW Financial Services expands financial products

Henry Howard adopts new business-sourcing model

Henry Howard adopts new business-sourcing model SME lessor Henry Howard Finance has launched a new sales arm in a move that radically alters its business plan.

MAN FS sees Russian growth

MAN FS sees Russian growth MAN Financial Services has financed 5,500 units in Russia during the year to the end of August 2008, having entered the country 12 months ago

CIT in capital raising drive

CIT has strengthened its capital-raising plan as it looks to become a bank holding company in order to access federal lending programmes and ease the pain of losses suffered during 2008.

Car registrations down in Europe

New car registrations throughout the EU showed a sharp decline in November, according to recently released industry data

Basement Talk

The power of leasing…In a whiff of smoke…Software provider in trouble…

General Capital delays results

General Capital (GC) has decided to postpone the publication of its annual results to March 31 instead of December 31.