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Three new collaboration agreements signed to promote business growth abroad. In 2017 alone, the partnership enabled the mobilisation of €1.5 billion in support of the Italian economy
CDP Group further reinforces its partnership with the Italian banking system, signing three agreements with SACE and Intesa San Paolo to support exports and promote the internationalisation of Italian companies. The new developments implemented within the context of this historic partnership will improve access to trade finance products and credit recovery services abroad, as well as provide the tools necessary to support client companies through every phase of their international growth.
The partnership between Intesa Sanpaolo and the SACE- SIMEST export hub has always served as a point of reference for companies looking to roll out growth projects. In 2017 alone, the partnership enabled the mobilisation of €1.5 billion of resources to support the growth of both large companies and small and medium-sized businesses, with a particular focus on their respective production chains, particularly in the oil & gas, shipping, infrastructure, and buildings sectors. Today, this collaboration has been further strengthened, as three new agreements are signed.
Exports by Italian companies are demonstrating growth rates well above those seen in Germany and France, and the prospects for growth within the global economy are improving. This is the ideal environment within which to launch new growth initiatives abroad, and via the SACE-SIMEST hub, CDP Group is dedicating its efforts every day to making an international outlook an essential source of development for the future of Italy.
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