€30 billion in new credit to help Italian SMEs grow abroad

De Redacția ASSOMENA1 min

€30 billion in new credit to help Italian SMEs grow abroad

Intesa Sanpaolo and Confindustria, together with SACE, SIMEST and ICE, presented a new package for Italian SMEs working abroad at a conference in Rome on 4 November 2026. Intesa Sanpaolo will make €30 billion in new credit available over the next three years for exports, foreign direct investment and related production projects in Italy. The bank has also signed agreements with banks in France, India and Brazil to support companies locally, and plans to extend these to other emerging markets by the first half of 2027. A further measure covers machinery exporters, who can receive early payment on deferred-payment sales through a SACE policy and a SIMEST interest contribution.

Source: askanews

Photo: Intesa Sanpaolo tower, Turin. Matteo Aresca 05, Wikimedia Commons, CC BY-SA 4.0, cropped.

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