Banca Sistema publishes an electronic newsletter, available both in Italian and English. The document is particularly interesting for companies and professionals, and provides details on products and services offered by the Bank as well as providing a constant update on factoring and the credit management markets.
Banca Sistema works with ANCI, the National Association of Italian Municipalities, in order to allow members to access their services offered by Banca Sistema. These services include Reverse Factoring which consists of a draft contract between Banca Sistema ( the Buyer), Public Administration (Debtor) and supplier (the Seller).
The purpose of Banca Sistema is to support suppliers of the Public Administration by giving them the possibility to quickly monetize the receivables. The sale may take place on a rotating basis or for an existing portfolio of receivables.
Venice, Monza, Ascoli Piceno and Pontedera are some municipalities that have recently decided to rely on the expertise of the Bank for the management of its receivables.
For more information, see the product sheet dedicated to Reverse Factoring:
If you are interested in this service, please contact: