Italy

On Thursday, Septemeber 9^th, the council of the Province of Lecce presented a Stability Pact to try to improve the financial positions of the local municipalities, which were badly damaged by the financial crisis.

The figures in the latest Assifact (Italian factoring association) report show that in May 2010 the amount of debt sold by Italian companies had grown by 10.5% to 43.4 billion euros...

The European Investment Bank (EIB) and the Intesa Sanpaolo Group today signed three new agreements to provide medium to long-term finance totalling

Following an announcement last week, Eurofactor Italia SpA will now be known publicly under the new brand, Crédit Agricole Commercial Finance.

Alessandro Carretta, General Secretary of ASSIFACT in Italy, provides Factorscan with an overview of the Italian factoring market covering industry environment, market performance, supply and future trends.

The European Investment Bank (EIB) has signed a 250 million finance contract with the UBI Banca group targeting small and medium-sized Italian businesses (SMEs).

BNL-Group BNP Paribas, Ifitalia and Fincantieri have signed a reverse factoring agreement, which

Banco Popolare has agreed the sale a 90.5 per cent stake in invoice finance subsidiary Factorit spa.

Banco Popolare are in talks with Barclays Plc to sell the factoring division of its leasing unit Banca Italease, La Repubblica newspaper reported on Saturday.

Banca IFIS have announced their results for the third quarter of this year.