Banca Ifis: Banca Ifis and SACE support Italian exports and sustainable transition

(Alliance News) - Banca Ifis Spa announced Monday that it has signed two new agreements with SACE to expand the range of instruments to support Italian companies. In particular, the agreement concerns the "Green Guarantee," a solution designed to support the financing of projects for environmental transition, and the "Future Guarantee," intended to support operations of strategic importance for the internationalization of companies, technological and digital innovation, the development of the country's strategic supply chains and investments in the regions of Southern Italy. In detail, through SACE's "Future Guarantee," Banca Ifis strengthens its support for Italian companies that intend to invest in digital and technological innovation to embrace the challenges of global markets. The solution is aimed at loans, disbursed at market conditions, between EUR50,000 and EUR50 million, with a minimum term of two years. On these, SACE recognizes 70% coverage. Banca Ifis stock is up 4.9 percent at EUR20.38 per share. By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter Comments and questions to redazione@alliancenews.com Copyright 2024 Alliance News IS Italian Service Ltd. All rights reserved.