All articles by Sotiris Kanaris

Sotiris Kanaris

United Trust Bank moves to the City

UK lender United Trust Bank will move its offices to London’s financial district, after 10 years at New Zealand house in Haymarket.

Secure Trust Bank provides £750k funding facility to furniture supplier

Secure Trust Bank Commercial Finance has provided facilities of £750,000 (€1,040,000) to Faith Furniture, a business that supplies kitchen furniture to retail trade across the UK.

Leasing industry’s first Future Leaders ready for new challenges

The first cohort of the Leasing Foundation’s Future Leaders programme comes to an end this month, after 18 months of activities and learning sessions, with a second group having already started the programme. Sotiris Kanaris reports

Leaseurope: European leasing up €4.7bn in 2014

Total new leasing volumes in 2014 increased by 7.3% compared to the previous year, according to Leaseurope’s quarterly survey of 17 lessors in the European market.

Asset-backed P2B lender Ablrate joins online platform

UK-based peer-to-business lender Ablrate has partnered with crowdfunding supermarket investUP.

Hitachi Capital raises fraud awareness for UK brokers

Asset finance provider Hitachi Capital Business Finance ran a series of fraud awareness seminars for brokers, with the aim of minimising the impact of fraud on their business.

IASB sets out effects of bringing leases onto the balance sheet

The International Accounting Standards Board (IASB) outlined in a document the likely practical effects of the forthcoming leases standard which would require companies to bring leases onto the balance sheet.

Former Lombard senior system architect joins NetSol

NetSol Technologies, the US-headquartered asset finance software provider, has appointed Andrew Godsmark as product head at the European arm of the company.

BNP Paribas warns SMEs over UK tax breaks changes

With the UK’s annual investment allowance (AIA) expected to drop from £500,000 (€701,243) to £25,000 on 1st of January 2016, BNP Paribas Leasing Solutions urged SMEs to plan major investments in machinery and equipment before the tax relief cut.

HLA: Hungarian leasing sector up by almost a quarter in 2014

The total value of the finance provided by the Hungarian leasing sector increased by 24% to 453bn HUF (€1.48bn) in 2014 compared to the prior year, a report by the Hungarian Leasing Association (HLA) has revealed.