PayNet said its Q2/11 Canadian Business Lending Index indicates the first solid increase on both a year over year and quarter over quarter since 2007. read more

SEP 22, 2011 - 4:06 pm

The China Daily reported that ICBC Financial Leasing, a subsidiary of Industrial and Commercial Bank of China, will expand its fleet of aircraft from its current 68 aircraft to 250 by 2013. read more

SEP 21, 2011 - 9:00 am

Nexcap Finance said it closed a $50M equipment lease facility under the Vehicle and Equipment Financing Partnership, which is managed and funded by the private-public partnership between Business Development Bank of Canada and TAO Asset Management. read more

SEP 19, 2011 - 9:33 am

Bloomberg reported that BNP Paribas is planning to scale back its U.S. dollar corporate and investment banking business. The bank was said to also be seeking to reduce lending at its equipment solutions unit. read more

SEP 14, 2011 - 9:34 am

BNP Paribas won European Union approval to acquire the non-Dutch assets of Fortis Commercial Finance, a factoring business of ABN AMRO. The bank said the Dutch assets of FCF are not part of the transaction and will remain with ABN AMRO. read more

SEP 6, 2011 - 9:40 am

Hitachi Capital and Bank of Tokyo-Mitsubishi UFJ agreed that 40% of the stock of NBL Co., held by BTMU, will be transferred to Hitachi Capital to form a capital alliance to grow their vendor leasing business in Japan. read more

JUL 28, 2011 - 9:27 am

Leaseurope, the federation representing the European leasing and automotive rental industry, has released the final results of its Annual Statistical Survey of the European leasing market for 2010. The survey indicates that new leasing business in Europe increased by 4.6% in 2010. read more

JUN 20, 2011 - 9:52 am

CIT Group announced it has closed a new US$275 million committed Vendor Finance China funding facility that will allow CIT Vendor Finance to fund new originations in China. read more

JUN 13, 2011 - 9:44 am

Bloomberg reports that Waha Capital, a leasing company based in Abu Dhabi, obtained a three-year $505 million term and revolving credit facility from 11 regional and international banks. read more

JUN 13, 2011 - 9:36 am

De Lage Landen's CEO Ronald Slaats has been appointed to the board of directors of Leaseurope, succeeding retiring board member Alain Vervaet of ING Lease Holding. read more

JUN 2, 2011 - 9:40 am

Kubota Tractors said it has partnered with SG Equipment Finance to provide a range of low interest finance options for customers of its agricultural tractors in the UK. read more

MAY 27, 2011 - 9:56 am

CHP Consulting said a major international bank is in successful live operation with ALFA v5, CHP's browser-based asset finance software platform as a single solution for its European asset finance operations. read more

MAY 16, 2011 - 9:21 am

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

MAY 11, 2011 - 9:59 am

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

MAY 11, 2011 - 9:56 am

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

MAY 11, 2011 - 9:51 am