All articles by Lorenzo Migliorato
Lorenzo Migliorato
Grenke group profits grow 21% in 2017
Grenke’s consolidated profits grew to €125m (£110.15m) in 2017, up 21% year-on-year.
Intesa Sanpaolo’s leasing arm to be absorbed in main group
The operations of Mediocredito Italiano, the leasing subsidiary of Intesa Sanpaolo, are to be absorbed within the main group’s within the next two years.
UK Export Finance makes senior appointments
UK Export Finance (UKEF) has made three senior appointment as part of its 2017-20 business plan.
SQN buys Snoozebox in turnaround bid
SQN Asset Finance Income Fund has bought up one its lessees, Snoozebox, as part of a decision to re-sell it and start recovering the £8.2m (€9.2m) the fund is owed.
International board drafts standard for public sector leases
The International Public Sector Accounting Standards Board (IPSASB) has published a draft proposal on how to report leases for public sector organisations.
Wolfgang Grenke to retire after 40 years in the leasing industry
Wolfgang Grenke, founder and chairman of the board for Grenke, has said he will retire at the end of February.
Volvo FS new business hit €5.9bn in 2017
Volvo Financial Services made SEK 2.9bn (€295m) in operating income for 2017, up 5% year-on-year.