factoring Italy 29-09-2005 Banca Lombarda factoring division reorganisation aims to cut costs and increase income The bank initiated plans to merge its factoring units aiming to Banca Lombarda SpA said its first half net profit fell to €113.8m, from €118.1m, as higher taxes offset higher… Sign in or Upgrade to Continue Reading This news article is over 10 days old. Subscribe today to access all articles with an annual subscription. Become a member Learn more Already a subscriber? Log in here