All articles by Antonio Fabrizio
Antonio Fabrizio
Sardaleasing wins deal to supply 128 buses
The deal for which the local authorities have allocated 15 million for the first three years follows the local transport departments decision to renew the public transport fleet in the area
The dragon with potential
China is rapidly becoming one of the worlds largest asset finance markets
UniCredit Leasing Austria appoints new CEO
UniCredit Leasing Austria has appointed Martin Frank as its new CEO Starting from April 1, he replaces Guenter Fischer, who is leaving after more than 31 years with UniCredit.
Work-Life quiz: Ana Bártolo
Current job: Fortis Lease Portugals riskmanager. Previous positions include: Credit analyst at Banco BPI; Risk analyst at Santander; and Credit analyst at Banco Totta
Swiss leasing down 20 percent last year
Switzerlands leasing market saw a 20 percent drop in new production last year, but according to the local leasing association ASSL, the potential for the industry continues to be high. The only exception was car leasing with CHF2.2 billion (1.6 billion) of new business, and a 1 percent increase compared with 2008
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Chancellor falls short
For the Finance & Leasing Association (FLA), despite the announcement of a first year investment allowance for small firms doubled to £100,000 (111,000), the 2010 Budget has missed its chance to improve the situation for SMEs looking to invest.
EU van registrations see first increase in 2 years
Light commercial vehicle registrations across Europe increased for the first time since April 2008, according to the European Automobile Manufacturers Association (ACEA). The association said that van registrations recorded a 1.6 percent increase in February 2010 compared with one year before
Venture Finance provides £250k factoring package
Venture Finance has provided Haines Distribution, a start-up supplier of plumbing and heating materials, with a £250,000 (280,000) factoring package that includes bad debt protection. The deal is the latest of a number of funding and factoring packages recently signed between UK businesses and the invoice and asset based lender, part of Dutch bank ABN AMRO. Stuart Haines, who launched the business together with his brother Keith Haines in February 2010, said: The factoring package will allow us to get off the ground and we are looking forward to growing the Haines Distribution workforce over the next couple of months.
BPLG extends major vendor agreement with CNH
BNP Paribas Lease Group (BPLG) has extended its European vendor partnership with Case New Holland (CNH). The joint venture, CNH Capital Europe which last year recorded 675 million of originations and has 1.2 billion of outstanding now covers 7 countries, including Germany, Austria, France, Italy, and the United Kingdom.
GE Capital: SMEs struggle with materials costs, fuel prices
Two in five UK small and medium-sized businesses see high raw materials as the biggest limitation on their success, a GE Capital report has found. The report, which is based on interviews with 500 UK SME owners, found that 39 percent of the surveyed companies see raw materials and inventory costs as their main challenge Fears about consumer and business spending (38 percent) and the increased burden of regulation (36 percent) are next on the list