All articles by Sotiris Kanaris
Sotiris Kanaris
ING plans direct to SME platform for leasing
ING Bank will release a direct to SME platform for its leasing products this year, as revealed in its first quarter results, as its pre-tax profit rise by 41.2% compared to the same period in 2014, reaching 1.661bn.
Leaseplan: Fleet drivers value size over looks
Globally, four in five (80%) fleet drivers see size as the most important factor when choosing a new company car, a survey by LeasePlan UK has revealed.
Asset finance to UK manufacturing sector hits £2.41bn in 2014
UK manufacturers received £2.41bn of asset finance last year, a £10m rise compared to 2013, according to commercial finance group LDF.
Nordea new business volume down 6.2% in Q1
Nordea Finance, the finance arm of Nordic bank Nordea, saw the new business volumes of its asset finance segment fall by 6.2% to 618m in the first quarter of the year, compared to the 659m recorded in the same period in 2014.
Richard Jones to replace Chris Sutton at Black Horse
Richard Jones has been appointed as the new managing director at Black Horse, the motor finance arm of Lloyds Bank. He will replace Chris Sutton, who is set to retire after a 28 year career at Lloyds Banking Group.
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Arval UK and FSB launch online vehicle service
Vehicle leasing and fleet management company Arval UK and the Federation of Small Businesses (FSB) have launched FSB Vehicle Services, to provide the federations 200,000 members with advice on how to source and manage their business cars and vans.
Federal Association of German Leasing Companies re-elects Martin Mudersbach as president
Martin Mudersbach will serve as president of the Federal Association of German Leasing companies (BDL) for another three years, after being unanimously re-elected by the General Assembly. Mudersbach is the chief executive officer of AKF Bank.
Branston joins Fleet Logistics
European fleet management company Fleet Logistics has appointed Sue Branston to the new role of strategic account manager.
Cambridge & Counties Bank loan book value reaches £253m
UK challenger bank Cambridge & Counties saw its loan book grow by 126% in 2014 compared to the previous year, reaching £253 million.
STB backs signs manufacturer in £2m funding deal
UK-based producer and installer of corporate images, Hawes Signs, has secured a £2m invoice finance facility from Secure Trust Bank Commercial Finance.