All articles by Verdict Staff
Verdict Staff
SocGen Romanian subsidiary to increase real estate portfolio
BRD Sogelease, the leasing arm of the Romania Development Bank (BRD), has revealed that it intends to increase its activities in the industrial, medical and agricultural sectors as well as the real estate sector
Interview: Mark Chitty, AGCO Finance
In September 2008, Mark Chitty (MC) became credit manager at AGCO Finance in Warwickshire AGCO Finance is a global joint venture between US agricultural equipment manufacturer AGCO and Rabobank leasing subsidiary De Lage Landen Five months later, Leasing Life catches up with him to talk about risk.
Annodata signs own financing deals
As the recession kicks in, resellers and vendors are relying on refurbished equipment to supplement their income. The UKs largest independent ICT dealer, Annodata, is taking the lead with its refurbished rental book now accounting for up to 40 percent of its total business.
IBM Global Financing bucks recession trend
Quarterly and annual results have started being published by manufacturers and finance companies worldwide.
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Lex to be sold?
Car lease titan Lex is being offered up to private equity groups by the companys management in the hope of sparking a multi-billion pound buy-out, it has been revealed.
Europlan doubles leasing revenue
Europlan, Russias top motor leasing company, saw its leasing revenue double in 2008, to reach $125 million (96.5 million).
Municipal leasing considered for Birmingham
Birmingham City Council leader Mike Whitby has called for a municipal bank for the city, which could support distressed businesses through sale-and-leaseback schemes, reported the Birmingham Post.
Italian leasing market down by 21%
Italys leasing market saw a decrease in new business of almost 20.8 percent in 2008 according to official data released by Italys leasing association Assilea
Shire Leasing purchases 18,000 sq ft office
Independent UK equipment financier Shire Leasing has purchased a 18,000 sq ft office in the Calico Business Park in Tamworth (Staffordshire), merging the companys existing operations together.