Portugal

Madeira s financial authorities decide to pay debts up to EUR20,000 each first.

Jorge Gasper, Director of BBVA Portugal, provides an overview of supply chain finance in Portugal for the 2011/2012 edition of the Supply Chain Finance Yearbook.

Finacity and Fortis Commercial Finance facilitate a 20 million trade receivables funding Program for Portugal Headquartered INAPA Group's subsidiary in Spain.

According to the latest study of the Portuguese economy...

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

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

The Portugese government steps in to resolve the financing crisis suffered by the textile sector

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

The value of credit granted to factoring clients, as at 31 December 2005, reached €3,990 000 which represents growth of 14.2% compared with €3,490,000 the previous year. Total factoring revenues, apart from the decrease experienced in 2002, have been on a rising trend for a consistent period. There was an increase of 8.6% in 2005, slightly above the increase in factoring commission.

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