All articles by Sotiris Kanaris
Sotiris Kanaris
FLA members support more than 330,000 UK jobs
Finance & Leasing Association (FLA) members supported 331,300 UK jobs through the provision of asset finance, motor finance and consumer finance in 2014, according to a research carried out by Oxford Economics for the FLA.
Sofico completes restructuring of French division with new appointment
Global fleet and leasing software provider Sofico, has appointed Peter Tanghe as director general of its new French division, Sofico Services France.
Leaseurope: New business volumes rise and profitability soars in Q1 2015
New leasing business in Europe grew by 6.4% in the first quarter of 2015 compared to the same period last year, according to Leaseurope’s quarterly survey of 17 lessors in the European market.
Alphabet introduces electric vehicle consulting service
Fleet lessor Alphabet has introduced the electrification potential analysis (EPA) to its consulting service, to identify the number of existing fleet vehicles which could be replaced by electric vehicles (EVs).
UK govt and BoE toughen stance on the City
The UK has moved to toughen up regulation in London financial Square Mile with the publication of its Fair and Effective Markets Review, which promotes a crackdown on rogue traders, and the creation of a Market Standards Board to supervise markets.
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Former Bibby business development manager joins Ultimate Finance
UK broker Ultimate Finance Group has appointed Gary Hawtin as regional director covering Oxfordshire, Northamptonshire, Hertfordshire and Buckinghamshire.
Praetura raises £15m from RBS
UK asset finance company Praetura Asset Finance has secured £15m (20.4m) funding from the Royal Bank of Scotland (RBS).
1pm reports strong profit growth
Through a trading update, AIM-listed independent lender 1pm has reported that its profit before tax was significantly above current market expectations for the year ended 31 May 2015. The final results are expected to be announced in the second half of July.
PCFG profits surge by 69%
Commercial asset and non-prime vehicle finance provider Private & Commercial Finance Group (PCFG) saw its profit before tax rise to £2.1m (2.87m) for the year ended March 31 2015, up by 69% year-on-year.
Frechette returns to Alta Group
Paul Frechette has returned to US leasing consultancy The Alta Group as director of client relations and consulting from Bank of the West Equipment Finance.