Following the trend of banking fusions in Spain, the northern Spanish savings bank Cajastur, has announced this week that it has partnered with ICO (Instituto de Credito Oficial) - a government financial body.
Spanish savings bank Caixa Catalunya, Tarragona, Manresa has announced that it provided a 21.5 million for the construction of the new section of the Barcelona Metro.
According to the latest data from the Spanish Association of Factoring, La Caixa bank continued to experience strong growth in its factoring and confirming operations in June 2010, with
Avalmadrid, a Mutual Guarantee Society attached to the Community of Madrid, and La Caixa have announced that they signed a new cooperation agreement to promote SMEs' access to preferential funding in Madrid.
Josep Sellés, Managing Director of Eurofactor Hispania in Spain, provides Factorscan with an overview of the Spanish factoring market covering industry environment, market performance, supply and future trends.