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Italy

Profit rises at UniCredit Factoring

Unicredit Factoring, the Italian company which is part of banking group UniCredito, closed the first half of 2002 with a turnover of Ђ3m and an earnings margin of Ђ10.6m. Net commissions increased by 50 % to Ђ4.7m.The company's operating margin...

IFIS Enjoys a Profitable 2001

IFIS, the Italian factoring company which recently became a bank, has closed 2001 with a steep rise in profitability. Its…


Rumours Persist Over Likelihood of Intesa/Unicredito Merger

Unicredito Italiano, Europe’s second largest banking group, is expected next week to unveil plans to merge five of its seven…


Intesa to Buy VUB

IntesaBci, Italy's largest banking group and owners of Comit Factoring, won the tender to buy Vseobecna Uverova Bank (VUB), Slovakia's…


Ifis Wants to become a Bank

11 August 2000: Ifis Wants to become a Bank Ifis, the Italian factoring company presided over by Sebastiano Furstenberg and…

#bank#Italian factoring

Enel Invests in Factoring

Enel, the Italian electricity group, has created Enelfactoring, a new company which will operate in the corporate factoring sector. The…

#bank#cash-flow

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