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The Board of Administration of Intesa Mediofactoring, the factoring company of Intesa group, analysed and approved the project of balance sheet showing a net profit at the end of 2004 of Ђ48.2m (up70.85% compared to 2003). During 2004, the company...
Italian factoring group Banca Ifis intends to pursue external growth by acquiring another Italian group, says its chief executive Giovanni…
#Banca IFIS#bank#international
Banca Carige will allocate Ђ100m to small- and medium-sized enterprises (SMEs) from the Liguria region associated with Fidimpresa Liguria and…
#Consortia#investments#smes
Banche Popolari Unite Scrl (BPU) has agreed to sell its 50% stake in ABF Leasing SpA to Banca Popolare dell'Emilia…
#interest#leasing
Merloni Elettrodomestici SpA said its board agreed yesterday to sell a 40% stake in the factoring company Faber Factor for…
Italian banking group UniCredit is preparing to launch a Ђ300m bond securitising credit granted to small-and medium-sized enterprises (SMEs) in…
#risk#securitisation#smes
Merloni Elettrodomestici (electrical appliances), will sell out Faber Factor, a factoring company half-owned by Merloni Elettrodomestici and the remaining half…
#funding
Factoring companies that supplied working capital finance to subsidiaries of Parmalat will receive nothing in compensation, according to Enrico Bondi,…
Italian banking group Sanpaolo IMI is expanding its services to businesses with the recent introduction of a Ђ250m programme to…
#banks#smes
The European Investment Bank (EIB) granted a loan on 6 July of Ђ70 million to Italian bank Banca Sella and…
Italian factoring bank Banca IFIS is to launch a convertible bond issue of up to Ђ50m. The issue price of…
#Banca IFIS#bank#Italian factoring
In the scope of the rationalisation programme of the factoring activities of the UniCredit group, UniCredit Factoring has purchased the…
#risk#Unicredit#Unicredit Factoring
Economists fear the world's sixth-largest economy, recently surpassed by China, appears hobbled by structural weaknesses that could make de-industrialisation more…