Spanish equipment leasing grew 36% in the first half of 2021: AELR
Spanish companies invested €3.57bn in leasing equipment and real estate leasing in the first half of 2021, which was up 36.8 per cent on the same period in 2020, according…
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Acquis launches into Luxembourg and Poland
Acquis, a specialist insurance provider for asset finance and equipment leasing companies, has announced its…
AerCap gains EU’s unconditional go-ahead for $30bn GE deal
A $30bn (£21.6bn) bid by Irish aircraft leasing company AerCap for General Electric's aircraft leasing business was unconditionally approved by…
Over half of UK SMEs ‘have recovered from pandemic’
Over half (54 per cent) of UK SMEs have already either met or exceeded pre-pandemic turnover levels, according to new…
British Business Bank boosts Propel’s ENABLE Funding facility
UK-based independent asset finance provider Propel has announced two further financing tranches from the British Business Bank to add to…
Grenke AG raises profit forecast for 2021
Grenke AG, a global provider of leasing for SMEs, has raised its profit forecast for 2021. The board of directors…
Grenke says regulator’s enforcement procedure is completed
Grenke AG, a global provider of asset finance for SMEs, has received a decision on error findings from the German Federal Financial Supervisory Authority (BaFin) as part of the enforcement…
Don’t panic, look long and think it through, says Paragon’s MD about surviving Covid
Lessons learned from 2008 should hold true for surviving the coronavirus pandemic, according to John Phillipou, the managing director of Paragon Bank, a UK-based commercial lender and asset finance provider. …
Close Brothers unveils broker support initiatives
Close Brothers Business Finance, a UK broker funding specialist, has invested in its sales function by establishing new teams to provide further support for its broker partners supporting the SMEs. The…
Proposed sale of Ulster’s Lombard will bring NatWest closer to Irish exit
NatWest plans to sell Ulster Bank's Lombard asset finance business (alongside part of its mortgage book, SME business operation and 25 branch locations) to Permanent TSB in a deal worth…
EIB provides €200m to support Serbian SMEs and mid-caps
The European Investment Bank (EIB), the bank of the European Union, will provide a €200m loan to the Development Fund of the Republic of Serbia for the faster recovery of…
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