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The Ministry of Economy and Finance (MEF) and CDP perfect the assignment of SACE Group, to the net of SIMEST, from CDP to MEF.


Decree Law 23/2020 entrusts SACE, under the direction of the MEF, the mandate to guarantee financing, counter-guaranteed by the State, to support all the economic activities affected by Covid. Decree Law "Semplificazioni" extends SACE's mandate with the possibility of issuing Green Guarantees in favor of new green projects.


SIMEST is transferred to SACE. Together they set up the export and internationalisation hub.


SACE and its subsidiaries and SIMEST join the Cassa Depositi e Prestiti Group.


SACE FCT is set up to operate in the factoring sector.


SACE Surety, new name given to the former Assedile, becomes part of SACE BT.


Set up of SACE SRV, specialised in the credit recovery services and information asset management.


SACE BT acquires from SMABTP, a French insurance company, 70% of Assedile, which specialises in the business of securities and construction risks.


SACE is set up as a joint stock company, 100% controlled by the Ministry of Economy and Finance, and joins the short-term credit insurance market with the establishment of SACE BT.


SACE is transformed into the “Institute for Insurance Services of Foreign Trade”


SACE is set up in Rome as a “Special Section” of INA