The Limited Times

Understanding, signed protocol with Sace

4/22/2020, 4:16:24 PM


Intesa Sanpaolo is the first Italian bank to sign the collaboration protocol with Sace to financially support companies damaged by the Covid-19 emergency. © ANSA

© ANSA

(ANSA) - MILAN, APRIL 22 - Intesa Sanpaolo is the first Italian bank to sign the collaboration protocol with Sace to financially support companies damaged by the Covid-19 emergency.
    With this agreement, after having raised the amount of credit resources made available to the country to 50 billion euros, Intesa is operating on all the possible solutions provided for by the Liquidity Decree, providing the necessary support also to large companies that were not covered by support forecast.
    This is a necessary step to help the "productive chains and the small businesses made up of SMEs", explains Intesa Sanpaolo. "Thanks to the work coordinated by Abi - continues the bank - the most suitable solutions have been identified by the Group to efficiently manage operations with the owners". (ANSA).

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