The figures have been published as the leasing giant moves to providing quarterly updates, and show that total assets were 8.9% up to €20.7bn at 30 September 2015, from €19.0bn at 30 September 2014.

Q3 net profit increased 31.8% to €110.7m (Q3 2014: €84.0m). And year-to-date net profit was up 24.5% compared to 2014.

In addition LeasePlan said its common equity tier 1 ratio was stable at 17.2% at 30 September 2015, with a liquidity buffer at €4.6bn. LeasePlan Bank retail deposits rose to €5.0bn at 30 September 2015 compared to €4.4bn at 30 September 2014.

Operational highlights include an 8% year-on-year rise in the number of vehicles under management to 1.5 million vehicles compared to 1.4 million at the end of September 2014

LeasePlan also reported continuing increases in the group's SME business with year-on-year growth around 11% and said it has seen successful private lease campaigns in the Netherlands and Belgium and good growth in all other market segments.

Q3 also brought further acceleration and roll-out of mobility and innovation solutions in telematics and the launch of SwopCar, the group’s car sharing product and FlexiPlan, the new flexible leasing product, LeasePlan said.

LeasePlan also provided a latest update on its acquisition after announcing on 23 July 2015 that its 100% shareholder Global Mobility Holding B.V. (GMH) had reached an agreement with a consortium of long-term investors to acquire full ownership of LeasePlan. As of 5 October all necessary competition authority approvals for the acquisition have been obtained. The agreement is also subject to approval by the European Central Bank in consultation with the Dutch Central Bank. GMH has recently informed LeasePlan that closing is now expected in Q1 2016.