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ING Lease to focus on UK broker model in Germany

ING Lease to focus on UK broker model in Germany

ING Lease has big plans to support its parent group, including the prospect of expanding its German business along the lines of ING Lease UK’s broker-fed model. CEO John Howland-Jackson, who last month said asset finance had emerged as “very much a core product offering”, described the creation of an intermediary-led business in Germany as a “huge opportunity”.


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Austrian leasing business drops 23 percent in 2009

(Free) The Austrian leasing market experienced a 23.2 percent decrease in new business volume last year ((to €5.26 billion), according to figures just published by the Austrian leasing association (VÖL).

Romanian lessors to face bankruptcy if decline continues

(Free) Romania could experience widespread leasing business failure if market contraction continues into 2010, the country’s leasing association (ALB) has warned.

Largest firm takes shape

The long-awaited merger between BNP Paribas Lease Group (BPLG) and Fortis Lease has finally begun to take shape. Although still in its early days, the massive, multi-country integration, which combines two of Europe’s largest leasing companies, has launched into its implementation stage with the phasing out of the Fortis Lease brand.