This line of credit can be used for various contingencies related to local and international business operations and, in the short-term, to cover expenses such as advances on invoices
The firm is focusing on the over 4,700 SMEs which have started to export their goods and services through the Spanish programme for the initiation of exports
Banco Bilbao Vizcaya Argentaria SA (BBVA) said it has launched a EUR200m credit line supported by the European Investment Bank for small- and medium-sized enterprises
Spanish insurers Catalana Occidente and Credito y Caucion have jointly invested EUR245.44 m to buy a 25.02 per cent stake in German peer Atradius, raising their combined stake to 49.99 per cent.
