US sanctions target Russia’s state-backed leasing companies
An escalation of US and EU sanctions imposed on Russian banks and finance companies over Moscow's invasion of Ukraine on…
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Bank Asset Finance
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Bank Asset Finance
UTB’s asset finance division had standout 2021
The asset finance division of United Trust Bank (UTB) grew originations by 136% in 2021 to become UTB’s fastest-growing division by business…
Close Brothers had a strong second-half 2020, but day of reckoning awaits all SME lenders
Close Brothers Group delivered strong second-half performance last year across its three divisions, but the bank's outlook for 2021 will…
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Bank asset finance and obstacles on the road to a low-carbon future
Earlier this year, the European Union (EU) outlined its plan to tackle the ecological crisis and the economic crises together…
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Barclays and HSBC feel the heat from climate activists
Barclays and HSBC - two significant European providers of bank asset finance - have been taken to task by environmental…
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Santander to exit UK asset finance market
Santander UK will stop writing new asset finance business in the UK from the end of 2019.
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Lloyds Bank Asset Finance in £1m deal with vitamin manufacturer
Lloyds Bank Asset Finance has entered into a £990,000 investment with Leicestershire based vitamin manufacturer Lifeplan Products.
ByHWC: rise in SME borrowing likely due to interest rate rise fears
An increase in fixed-rate borrowing by SMEs may be due to businesses’ desire to avoid the impact of expected interest…
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