Lenovo, CIT JV To Provide Zero-Percent Financing in the UK

Lenovo said it has established the Lenovo Financial Services program, supported by JV partner CIT, to provide zero-percent financing to its business partners in the UK. read more

Boeing, Sberbank Form Alliance to Develop Aviation Financing

Boeing and Russia's largest bank, Sberbank, jointly announced an agreement to develop aviation financing and leasing services in Russia and other countries of the Commonwealth of Independent States. read more

Volvo Financial, BNP Paribas Launch Private Label Program in India

Volvo India and Srei BNP Paribas announced the formation of an alliance to launch a private label retail-financing program branded as Volvo Financial Services in India. read more

Alta: China's Leasing Industry Attracts Regulatory Attention

Jonathan L. Fales of the Alta Group and chairman of the upcoming China Leasing Summit 2011, notes in a letter to summit participants that Chinese regulatory authorities hope to make leasing more accessible to SMEs. read more

GATX Rail Europe Enters Turkish Marketplace

GATX Rail Europe announced its entry into the Turkish marketplace with the deployment of newly-manufactured railway tank wagons designed to carry a variety of petroleum products. read more

M&I To Be Renamed BMO Harris Bank After Acquisition

Bank of Montreal said it will rename its U.S. consumer lending business BMO Harris Bank, from Harris Bank, after it completes its $4.1 billion takeover of Marshall & Ilsley. read more

Report: Canadian Businesses Will Up Investments in New Equipment

According to a report from CIBC World Markets, Canadian businesses are set to ramp up investments in new plant and equipment with a focus on expanding export opportunities. read more

CFO: Tweedie Pushes for IFRS Decision This Year

According to an article posted by, procrastination by the SEC could cause the current global consensus on financial reporting to disintegrate, warns IASB chairman Sir David Tweedie. read more

John Deere Financial to Launch Leasing Company in Russia

Deere & Co. said its John Deere Financial Services unit will establish a leasing company in Russia to bolster retail financing for its farm implement and construction equipment customers in the country. read more

De Lage Landen, Microsoft NZ Ease Customer Finance Rules

De Lage Landen and partner Microsoft New Zealand have loosened their financing program's rules by reducing the minimum Microsoft software requirement from 35% to 15% for loans under $5 million. read more

BNP Paribas, Syneron Expand U.S. Vendor Program to Encompass Europe

BNP Paribas Leasing Solutions and Syneron Medical, a global aesthetic device company, announced that the companies have signed a European framework agreement for vendor financing in the medical sector. Following the successful implementation of vendor finance programs throughout the United... read more

HP Financial Launches Capabilities in Dubai

HP Middle East said it will be launching its HP Financial Services capabilities in the Dubai International Financial Center. “With the launch of financial services capabilities we are adding a new, and significant, link in the value chain for our... read more

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