Undercoat or gloss, that is the question

Spring is approaching, and many people are think of brightening  up their homes with a new coat of paint, what colour’s would spruce up the house best, what kind of paint, gloss or silk paint, and of course hours of debate before the final choice. We all know however that before you put the final coat on the walls, you need an undercoat.

Many comments are being made that the eurozone is improving, heading in the right direction, problems behind us now. The question you have to ask is, is this gloss or something else. Let me explain, in the last 36 hours, the Dutch government has just nationalized their fourth largest bank, SND Reaal to the tune of €3.7 billion. Today, the French Bank , Credit Agricole has announced a €2.6 billion write down, and also the Spanish bank , Banco Popular announced a €2.4 billion loss.

This is just a snap shot of 36 hours, not over days and  weeks. However in the Nordic countries, things are much better, Swedbank almost trebled their profits to SKr 4.98 billion, and Nordea  announced that their quarterly profit was €1.1 billion. I think that these figures show that the financial markets in Europe are still very volatile, and will continue for the rest of the year. I suspect that there will be a few more banks hitting the headlines before the Summer arrives.

I will leave the answer to the question concerning  paint up to the individual reader, but if you are requiring a company with a real insight of the European  equipment leasing market, a company with over 20 years experience, I would politely suggest that you have found the company that has the ability, both financial and sales, to help you in whatever european leasing programme that you wish to launch this year

N.B. I note  that in the main editorial of the FT  of the 2nd February, ” Europe’s banks still in grip of past” , it also leads with this story.  It is reassuring that Oak’s blog is ahead of such a renowned paper!

This entry was posted in Equipment Leasing, European Leasing, leasing for SMEs. Bookmark the permalink.

17 Responses to Undercoat or gloss, that is the question

  1. Nickolas says:

    So many good articles here

  2. Gerard says:

    Helpful information.bookmarked!

  3. Jeff says:

    Thank you for another great article. Where else could anyone get that kind of information in such a perfect way of writing? I have a presentation next week, and I am on the look out for such information.

  4. Kiran says:

    It is truly informative. I’m going to watch out for Brussels!

  5. Jackson says:

    Greetings from Florida! I’m bored to tears at work so I decided to check out your blog on my iphone during lunch break. I really like the info you provide here and can’t wait to take a look when I get home. I’m amazed at how quick your blog loaded on my mobile .. I’m not even using WIFI, just 3G .. Anyhow, wonderful site!

  6. Moyza says:

    Hi my friend! I want to say that this post is amazing, nice written

  7. Ossie says:

    Thank you for your article.Thanks Again. Awesome.

  8. Taille says:

    You know I love your blog!!!

  9. Georgio says:

    I’m not sure where you are getting your info, but great topic.

  10. Franc says:

    Your writing style has been surprised me. Thank you, quite nice post.

  11. jordan says:

    You really make it seem so easy with your presentation , I’m looking forward for your next post.

  12. Max says:

    I am not sure where you are getting your information, but good topic. I needs to spend some time learning much more or understanding more. Thanks for fantastic info I was looking for this info for my mission.

  13. george says:

    extremely nice post, i absolutely adore this web-site, keep on it

  14. Werner says:

    Very good write-up. I certainly appreciate this website.
    Continue the good work!

  15. Dario Mcquay says:

    I was really happy to find this web-site.

Leave a Reply to Nickolas Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.