Undoubtedly, the leasing industry will suffer significantly from the economic recession caused by measures to combat the Coronavirus. The Wall Street Journal announced last Friday, May 22, 2020, that the world’s oldest car rental and leasing companyA company whose main activity is... More and one of the largest in the United States, Hertz, has filed for bankruptcy. In March 2020, Hertz […]
Over the last few years, we have witnessed a lot of innovation in the financial sector. New electronic platforms, new mobile apps, new chatbots, new business models and even new currencies are being created. As if the leasing industry was lagging behind – what could be innovated in the oldest financial service? Innovation in leasing, […]
2019 emerges as a historic year for leasing innovation. After the German retailer Lidl launched car leasing in its stores and the Swedish giant IKEA announced its intention to offer furniture on leasing, another big name (headed by a keen innovator) joined the leasing euphoria last week. On 11 April 2019, the US electric car […]
On the event, „One Home – One Planet“, which took place on April 2nd and 3rd 2019, in one of the “sustainable stores” of IKEA in Kaarst, Germany, Ingka Group (the owners of the IKEA brand) stated their intention to begin offering furniture leasing. The initiative is completely in resonance with the business model and […]
The seventh largest leasing companyA company whose main activity is… More in Europe – Alphabet is stepping on the Bulgarian leasing market in 2019. The expansion of the markets, where Alphabet is active, is actually by 4 countries simultaneously – Greece, Bulgaria, Croatia, and Cyprus. The market entry to these markets is based on the […]
“Dear, I am going to the supermarket, to grab a car.” Last week, the above phrase may have sounded funny, but since Monday it is reality itself. The German retailer giant Lidl, together with the leasing companyA company whose main activity is… More from Berlin Vehiculum, offer to lease the ladies’ favorite Fiat 500 … […]
February brought changes among the Bulgarian leasing companiesA company whose main activity is... More. On 04.02.2019 in the Commercial Register officially SoGe Lease Bulgaria EOOD ceased to exist and was renamed to OTP Leasing EOOD. Societe Generale Equipment Finance is the leading leasing companyA company whose main activity is… More in Europe, competing for the first place on the continent with another […]
At the very end of 2018, Tesla launched its own daughter leasing companyA company whose main activity is… More in China, as announced by the Reuters news agency on December 28, 2018. The information is based on public data made available by China’s National Enterprise Information Publicity System. The new company is registered with a […]
Exactly one year ago, on 31.10.2017 the European Commission approved the new IFRS 16 – Leasing and incorporated it in Regulation 1126/2008 for implementation throughout the EU. IFRS 16 provides a new way for reporting of leasing transactions. The new standard will be implemented from 01.01.2019. Some history behind IFRS 16 – Leasing The International […]
