The European Investment Bank provided €200 million in financing to DLL to support small and medium-sized enterprises and contribute to a greener economy. DLL will provide a further €200 million, meaning that €400 million in total will be made available to SMEs in Spain and Italy. read more
JUN 11, 2020 - 6:55 am
Toronto-based CSI Electronics Processing Centre, a wholly-owned subsidiary of CSI Leasing Canada, has expanded its operations by opening a facility in Edmonton, Alberta. read more
FEB 21, 2020 - 6:35 am
The Wall Street Journal reported that nonbank financial institutions have been taking the lead in cross-border credit, with their share of activity up 17% year over year. read more
JAN 23, 2020 - 6:45 am
Societe Generale has agreed to sell its Nordics-based equipment finance and factoring business to Nordea Bank, according to a report from Reuters. read more
DEC 20, 2019 - 6:00 am
CIFA and its captive finance company Zoomlion Capital launched a new range of financial services aimed at increasing its market presence in Europe. The new offering was developed in partnership with DLL. read more
NOV 1, 2019 - 6:35 am
Alexander d’Huc joined asset finance consulting and services firm Invigors EMEA, the European arm of The Alta Group, in Austria. read more
OCT 24, 2019 - 6:10 am
According to ACT Research, the on-going China-US trade war and deceleration of China’s real estate market is expected to slow the Chinese economy, with GDP growth estimated to drop 6.3% in Q3/2019. read more
OCT 2, 2019 - 6:30 am
Alternative investor Cerberus Capital Management agreed to acquire Axsesstoday, a provider of equipment finance solutions to small and medium businesses in Australia. read more
SEP 10, 2019 - 6:40 am
Invigors EMEA, the European arm of The Alta Group, brought on board Tor Bowen, former managing director of Australasia for Volvo Financial Services, as an associate, based in the UK. read more
SEP 6, 2019 - 6:35 am
The National Bank of Ethiopia granted the first financial services license to a foreign-owned company, Ethio Lease, a capital lease provider and subsidiary of equipment lessor Africa Asset Finance Company. read more
AUG 9, 2019 - 6:40 am
Cat Financial, a wholly owned subsidiary of Caterpillar, launched its India operations with the opening of its Bangalore headquarters. It will operate under the name Cat Financial India. read more
AUG 8, 2019 - 6:11 am
Srei Infrastructure Finance and its wholly owned subsidiary Srei Equipment Finance approved a composite scheme of arrangement and amalgamation at a meeting of the Board of Directors. read more
JUL 8, 2019 - 6:55 am
L&T Finance will receive $550 million in an ECB investment round anchored by IFC, BNP Paribas, Citibank, and DBS Bank. L&T will use the $125 million of the funds to expand its farm equipment finance book. read more
JUL 5, 2019 - 6:45 am
MUFG appointed George Yeo, a former Singaporean minister for Foreign Affairs, to its Global Advisory Board. read more
JUL 2, 2019 - 7:05 am
Wesleyan Bank, a specialist provider of commercial finance solutions, and DND Finance expanded their existing wholesale finance facility to include a £15 million ($18.9 million) asset finance facility. read more
JUN 28, 2019 - 6:40 am