Italian design earns rewards

Copying and distributing are prohibited without permission of the publisher

01 June 2001

In the last review of factoring (Trade Finance, May 2001, p34-36) we looked at northern Europe where the main theme appeared to be the consolidation of factors in many of the markets as a result of changes in the banking environment, being brought about by mergers and acquisitions. We now take a look at southern Europe where the emphasis is more on innovation and the growth of the factoring industry.
Italy
The market in Italy has seen a burst of growth during the last 12 months, increasing by 25% ? something quite remarkable given that it is already a well developed market. With a total volume of a110 billion ($93.2 billion), Italy is now the third largest factoring market in the world behind the UK and the US respectively.

As with other countries in Europe the ownership of the factors has undergone substantial changes in recent years, one of the...

You must be logged in to view this page. If you are already a registered user please log in. Alternatively, you can request a free trial or subscribe.

Already have an account?

Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.

Free trial

Taking a free trial will give you access to the latest news and analysis for two days (excluding some surveys and articles). Start your free trial today.