Societe Generale’s ALD Automotive has partnered with Mazda to provide consumer and commercial car leasing in the Netherlands.…
HSF appoints asset finance partners in London
Law firm Herbert Smith Freehills (HSF) has appointed two asset finance partners in its London Practice.…
VWFS takes indirect majority stake in finance software house
Volkswagen Financial Services has acquired an indirect majority stake in Portugal’s VTXRM, a software developer for commercial and retail financial services.…
UK trade bodies ask government for clarity on low-emission treatment of HGVs
A number of trade bodies in the UK’s leasing, transport and vehicle distribution spaces have called for clarity on how heavy goods vehicles will be treated in future clean air zones (CAZs).…
FCA clarifies credit and hire definitions after industry response
The Financial Conduct Authority (FCA) has made changes to the definition of income between consumer hire leases and consumer credit after a response to its consultation by ten leasing businesses inclu…
STB commercial clinches £35m facility deal for metal manufacturer
Secure Trust Bank Commercial Finance has provided a £35m finance facility to Meridian Metal Trading.…
Acquis in senior management reshuffle, appoints chief executive
Acquis Insurance Management, the UK based lease insurance services provider, has made senior management changes.…
BNP Paribas LS expands light-as-a-service to French public sector
BNP Paribas Leasing Solutions (LS) has expanded its light-as-a-service offering to the public sector in France.…
PCF Bank reaches £100m in retail deposits
PCF Bank retail deposits from customers have passed £100m (€115.68m) in total. …
Polish IT supplier APN Promise plans to enter leasing
Polish IT supplier group APN Promise has set out plans to enter the leasing and rental markets.…