All articles by Verdict Staff
Verdict Staff
Exclusive sales research
Exclusive sales research Did you know it is six times harder for a lessor to make a profit out of a new customer than it is to do so for an existing customer? Two research agencies, Mercuri International Group and Interimus Limited, have surveyed staff in hundreds of leasing businesses across Europe, including Merrill Lynch, ABN AMRO and Fortis
Vehicles: Growth at Leaseplan despite flat markets
Vehicles: Growth at Leaseplan despite flat markets LeasePlan Corporation, the Netherlands-based international fleet management and leasing company, recorded a net profit of 126.3m and a lease contract portfolio growth of 3.6 per cent to 13.7bn for the first half of 2007 LeasePlan, which is a joint venture between Volkswagon Group (50 per cent), the Middle Eastern investment entities Olayan Group (25 per cent) and the Mubadala Development Company (25 per cent), now operates in 29 countries after expanding to three new countries this year
Vendor Finance: Changing with the times
Vendor Finance: Changing with the times In the first of five profiles of vendor finance businesses, Bank of America reveals it is no longer just about IT
Taking the strain
In the first part of our special report on leasing arms of banks, we report on challenges they face. A decade ago the leasing arms of European banks were in a state of flux
Film Finance: Still one to watch
Film finance market is still a good market to be in, despite a tightening of credit markets
CV sales hopes for 2008 look East
The future of commercial vehicle finance in Europe looks tough, but will be held up by developing markets in the CEE, according to consensus of opinion at the Hanover Commercial Vehicle Show Stephan Schaller, CEO of Volkswagen Commercial Vehicles, talked of a delivery increase of 30 percent in Eastern Europe, and sales in Russia that topped 2007s figures by 87 percent.
HBOS and Lloyds: The fleet fallout
Financial news of the most dramatic possible kind has the headlines: HBOS is to be taken over by Lloyds TSB in a deal worth – at current share prices – £12.2bn A deal was brokered with help from the UK government – prime minister Gordon Brown is said to have played a part – in order to avert another Northern Rock-style fiasco, which would have undermined confidence in the economy to a perilous degree
SEB completes ?64m windmill deal
SEB Lizingas, the leasing arm of Lithuanias largest commercial bank SEB, has financed 64m worth of wind power equipment at a site in Kretinga, Western Lithuania
Industrial leasing keeps the fire under Romanian market
These sectors have attracted 92 percent (56 percent and 36 percent respectively) of all funds granted by ALB members in 2008s first half, a share increase of 11 percent year-on-year