Spain

Barclays ready to accelerate SME services in Spain

Barclays, the UK bank, has overcome the transitional phase of its takeover of Spanish bank Zaragozano and is now looking to accelerate the development of its subsidiary.

Trade financing and insurance - export insurance programmes

Although private insurance companies now offer coverage against short-term commercial risk, the state-controlled Spanish Export Credit Insurance Company (Cesce) is the only insurer that covers both political and commercial risk of more than two

Josep Selles of Bansabadell Factoring presents the latest analysis of the Spanish market

Sepi and Banesto launch SME investment fund

Sepi, the Spanish state industrial holding group, and Banesto, the Spanish bank, have jointly launched a venture capital fund to finance projects involving small- and medium-sized Spanish companies (SMEs).

The venture

5 countries account for 83% of unpaid Spanish exports - CESCE

Spanish export credit insurance company (CESCE) says that just five countries account for 83 per cent of unpaid debts for Spanish exports, which totalled

Barclays plans to grow services for SMEs in Spain

Barclays Bank Espana, the Spanish division of UK banking group Barclays, has revealed plans to expand services for small- and medium-sized enterprises (SMEs) in Spain, as well as for individuals with large levels of equity.

Caja Madrid targets SMEs

Leading Spanish savings bank Caja Madrid yesterday revealed details of an aggressive plan to increase its client base for small- and medium-sized enterprises (SMEs), those with annual turnover of between Ђ1m and Ђ150m.

Fortis Bank appoints Paul Peeters as Country Manager for Spain

Paul Peeters (53) holds a Master of Applied Economics degree from the Sint Ignatius University Faculty of Antwerp and a Certificate in Accountancy and Tax Law from the State University of Ghent.

Banco Espanol de Credito targets 20% SME business revenue growth in 2005

In a presentation of its full-year results to analysts, Banesto said it is targeting 45,000 new clients from the small- and medium-sized enterprises (SMEs) segment of the market in 2005.

ICO to increase assistance to SMEs

In Spain, Instituto de Crйdito Oficial (ICO), a state-owned corporate entity attached to the ministry of economy and finance, plans to create a new mechanism to assist in meeting the finance needs of the small-and medium-sized enterprises (SMEs) i