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Understanding: new 50 billion plan to finance SME relaunch

2021-03-05T11:08:45.740Z


Intesa Sanpaolo launches 'Motore Italia', a new 50 billion euro plan of new credit in favor of small and medium-sized enterprises for liquidity and investments in the sustainable and digital transition. (HANDLE)


(ANSA) - MILAN, MARCH 05 - Intesa Sanpaolo launches 'Motor Italy', a new 50 billion euro plan of new credit in favor of small and medium-sized enterprises for liquidity and investments in the sustainable and digital transition.


    The new financing and initiative plan has the objective of allowing small and medium-sized Italian enterprises to overcome the difficult phase caused by the crisis generated by the pandemic and relaunch themselves through development and growth projects.

The program was presented today during an initiative organized by Intesa Sanpaolo.


    The fundamental measure of the program provides for new solutions to extend the duration of existing loans, expanding the liquidity support initiatives already implemented in 2020. Further interventions are also planned to prepare small and medium-sized enterprises for economic revival and recovery of competitiveness through investments for the digital and sustainable transition, in line with the future objectives of the National Recovery and Resilience Plan (RecoveryPlan).


    One year after the first measures taken to maintain the economy, Intesa Sanpaolo confirms its loyalty to the SMEs by promptly adopting, in this still critical phase, the most suitable and indispensable measure to offer them greater financial peace of mind: the extension of the duration of the existing loans ", says StefanoBarrese, head of the Banca dei Territori division of Intesa Sanpaolo.

(HANDLE).


Source: ansa

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