All articles by Valery Noury

Valery Noury

Lombard funds recording studio

Lombard, the asset finance branch of RBS, has provided funds for a new recording studio to be built at the School of Sound Recording in Manchester (SSR). Over £500,000 (560,000) in investment will go to build the high-tech recording studio on the forth flow of the Downing Street campus in Ardwick. SSR director Wendy Breakell said: “Over the last few years we have made a significant investment in our facilities and this latest purchase is part of that ongoing strategy.”

Level of fraud in Latvia levelling out

Latvian lessors are seeing fewer attempted fraud cases, according to Ivars Smits, chief executive of Nordea Finance. Speaking to Baltic News Service, Smits said: None of our clients have intentionally burned a car or any other goods bought under a leasing agreement there are situations when clients with overdue payments cannot be easily contacted, but we have always managed to find a solution.