Dutch bank NIBC has acquired German leasing firm Gallinat Bank from ALBIS Leasing as it aims to increase its footprint in Germany.
German leasing group Deutsche Leasing has reported a 60.4m profit for its 2013 financial year, up 3.4% on the previous period.
UK materials handling lessor Rivermore Asset Finance has opened a London office in addition to its Hampshire base.
It never rains but it pours when it comes to regulation says Grant Collinson
Julian Rose is to step down from his post as head of Asset Finance with the Finance & Leasing Association (FLA), the UK leasing and consumer finance trade body.
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Grant Collinson talks with Rich Green, president of CIT International, about his business’s recovery from bankruptcy, his market focus, and his relationship with the broker community
Lease insurance firm Acquis Insurance Management has appointed John Bennett as corporate advisor to the firm.
Crédit Agricole Leasing & Factoring (CAL&F), the leasing arm of French banking group Crédit Agricole, reported net profit of 58m in 2013 after a loss-making 2012.
Lending by the top UK manufacturers reached a post-crisis high last year with £16bn (19.4bn) in credit being offered to customers.
The portfolio of BNP Paribas Leasing Solutions dropped 6% in 2013 to total 17.5bn as the French bank implemented a plan to “adapt” non-core business lines.