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(ANSA) - MILAN, MAY 12 - Intesa Sanpaolo and Federalberghi have signed an agreement to relaunch the sector affected by the coronavirus pandemic. The initiative is an integral part of the extraordinary measures already launched by IntesaSanpaolo to support the Italian economy, businesses and families, also thanks to the measures launched by the Government: 50 billion euros of total credit for the emergency Covid-19.
The companies associated with Federalberghi will have access to the following extraordinary measures, including: extraordinary suspension of medium-long term loans outstanding up to 24 months; new loans for businesses from all over the national territory to support the management of working capital, through additional credit lines compared to the previous ones, in the formula of 18 months -1 day, with six months of pre-amortization; liquidity support for Intesa Sanpaolo customers, including associated companies.
The agreement signed with "Federalberghi represents a further step by our group in support of the relaunch of the country's economy", says Stefano Barrese, head of the banking division of the territories of Intesa Sanpaolo.
This agreement is the "result of an intense collaboration dictated by the common effort of wanting to support the businesses of the hospitality system, among the most proven by the consequences of the Covid pandemic", says Bernabò Bocca, president of Fedlaberghi. (HANDLE).
