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Portugal

Portuguese factoring increases during first half of 2010

The Portuguese Association of Leasing, Factoring and Renting (ALF) has reported a 21.6 per cent rise in credits taken for factoring during the first half of 2010 (more…)

#ALF#confirming#Factoring and Renting

EIB and Caixa Economica Montepio Geral finance SMEs in...

The European Investment Bank (EIB) has signed a 100 million loan with Caixa for the financing of capital investment projects…

#bank#Caixa#crisis


Government launches textile sector rescue package

The Portugese government steps in to resolve the financing crisis suffered by the textile sector (more…)

#bank#credit risk#exports


Leasing and factoring help Banco Espirito Santo post H1...

Banco Espirito Santo confirmed that net income increased 83 per cent year-on-year in H1 and this was assisted by its…


Portugal 2006-2007 Factoring revenues consistently rising

The value of credit granted to factoring clients, as at 31 December 2005, reached €3,990 000 which represents growth of…

#ALF#GDP#international


Besleasing e Factoring production up 14 per cent in...

Banco Espirito Santo (BES) Group's consolidated net income reached euro 200.7m in the first half of 2006, a year-on-year increase…


Banco Espirito Santo 1Q06 consolidated results show strong factoring...

Banco Espirito Santo (BES) Commercial banking income, which reflects regular business, increased by 7.1% underpinned by (more…)

#guarantee#interest rate#leasing


Commission approves acquisition of joint control of COSEC by...

The European Commission has cleared under the EU Merger Regulation the proposed acquisition of joint control of Companhia de Seguro…

#management#receivables#regulation


Besleasing e Factoring report 2005 net income up 11%

Banco Espirito Santo (BES) yesterday announced its 2005 results, which show net income (IFRS) reached €280.5 million in 2005, despite…

#international#leasing#smes


Portuguese securitisation developments in the past 12 months

An overview of the market  Over the last 12 months the Portuguese securitisation market has experienced a significant period of…

#assignment of receivables#bank#Deutsche Bank


Miguel Vassalo of MC Factor SA presents the latest...

Market Performance and Supply  The domestic factoring market in 1999 and 2000, measured on the basis of accumulated debts assigned,…

#cash-flow#GDP#international


Fortis increases its stake in Portugal's leading bank

Fortis announced today that it has acquired a stake in Banco Comercial Portugues, (BCP), Portugal's leading listed financial group, for (more…)

#acquisition#bank#international

Euler Hermes raises stake in credit insurer

Euler Hermes, the French credit insurance company, confirmed on Friday that it has increased its stake in the Portuguese credit…

#Allianz#bank#insurance

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