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Italy

Capitalia buys factoring and leasing company

Capitalia bank, headquartered in Rome, have announced the agreed purchase of Cofiri, the factoring, leasing and financial services firm, for Ђ145m. The bank said that this price represented a 37% discount on the projected net assets for Cofiri for year-end...

Small business venture for Sanpaolo Imi

Small- and medium-sized enterprises (SMEs) in Tuscany, Friuli, Emilia Romagna, Veneto, Liguria, Lombardy and Piedmont are to benefit from an…


Prevention and defence of money laundering cases in Italy

The focus of Italy's legislative efforts against money laundering has been on organised crime and the banking industry, although the…

#anti-money laundering


Dependence on small firm sector could be its downfall

In the opinion of Prof Gianmaria Gros Pietro, head of management economy at Turin University, a former president of state…

#banks#international#management


A difficult year ahead for Turin's SMEs

The president of API Turin (The Association of Small and Medium Sized Companies), Sergio Rodda said: "The Turin small- and…


Popolare di Sondrio to help SMEs

The Italian bank Banca Popolare di Sondrio has agreed to provide financial backing to small- and medium-sized enterprises (SMEs) which…


The Italian factoring market: overview, prevalent business models and...

The Italian factoring market is the second largest in Europe, it covers about 25 per cent of the European turnover…


How do you measure shareholder value generated by factors...

The current economic crisis and the new capital adequacy requirements that will be shortly imposed by Basel II have stressed…


Latest business confidence survey results

The climate of confidence reported by Istituto di Studi e Analisi Economica (ISAE) among retailers in July and August has…

#Two


Banca IFIS increases profit in first half 2003

One year after becoming a Credit Institution, Banca IFIS exclusively provide working capital, mainly through factoring, for small- and medium-sized…


“A Development Committee” for SMEs

A round table of small- and medium-sized businesses (SMEs) was the initiative today behind closed doors of the President of…


Business confidence up in August

Manufacturers were more optimistic in August compared to previous months: the confidence index, calculated by the ISAE (Economic Research Institute)…

Unicredit Factoring improves profits in 1st half results

UniCredit Factoring, the factoring division of Italian bank UniCredit, closed the first half of 2003 with net profits of Ђ3.5m…

#bank#Unicredit#Unicredit Factoring

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