Italy

UniCredit Factoring launches EUR500m SCF programme for retail chain

Unicredit Factoring allocates 500 million to support the supply chain of Conad, one of the largest supermarket chains in Italy.

UniCredit to enhance invoice management

UniCredit, Accenture set up JV to enhance invoice-management processes.

UniCredit Factoring increases capital by EUR300m

UniCredit Factoring signed an increase of their share capital to support financing activities of Italian SMEs.

Assirevi releases non-recourse factoring accounting study

The Italian Association of Chartered Accountants has released a study on factoring representation and evaluation of non-recourse factoring transactions.

SACE Fct. to finance construction enterprises

SACE Fct. signed a cooperation agreement with ANCE Marche, which will allow Marche-based construction companies to access factoring products on favourable terms.

Banks cut loans to business, bad debts up

Bank of Italy reports decline in business lending for the seventh consecutive month, while bad debts continue to rise.

Trade Finance in Italy - A Country Review

Barbara Salazer, Manager Trade Finance, International Division BANCO POPOLARE SOC.COOP. provides a review of the Italian trade finance industry covering industry environment, market performance and supply and future trends.