All articles by Verdict Staff
Verdict Staff
Government fund to boost credit
The German government has created a German Fund to increase the amount of credit banks will offer to the German Mittelstand, or family-owned SMEs.
Renewable energy finance in good health
Asset finance for renewable energy maintained double digit growth in 2008 despite a slow second half, according to figures quoted in the publication Renewable Energy Focus.
11% decline in Bosnia and Herzegovina
The leasing industry in Bosnia and Herzegovina shrunk by over 10 percent in 2008, according to the countrys leasing association.
Henry Howard adopts Field Solutions’ newest product
SME lessor Henry Howard Finance has become the first company to adopt Field Solutions newest point of sale (PoS) product.
Italy’s top lessors report decline; MPS still grows despite turmoil
Recently published results on Italys leasing market in 2008 showed a negative impact on leasing activities for almost every key player, with only MPS Leasing showing an increase.
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New MD for HBOS’ Lex
UK vehicle lessor Lex has announced that Jon Walden, the companys managing director, will step down at the end of March. Walden had led the HBOS subsidiary since 1999.
Assilea signs agreement with employers’ confederation
Italys leasing association Assilea and Confindustria, the Italian employers confederation, have signed a cooperation agreement.
On the move
De Lage Landen has appointed Ronald Slaats as the companys new CEO…ECS Group has appointed a new president, Yves Caparros…Christina Goncalves has been appointed as project manager and consultant for SunGard…
Revenues at Sony FS plummet 24%
At Sonys Financial Services segment which includes its insurance and banking subsidiaries year-on-year revenue decreased 24 percent in its third quarter, to reach 103.1 billion (860 million).