Financials
SACE
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21 May 2015
First quarter results: net profit € 100 million (+ 39%)
The Board of Directors of SACE S.p.A. examined the interim report for the first quarter ended 31 March 2015.
The following are the highlights of the report:
- net profit € 100.1 million, 38.8% more than the first quarter of 2014
- gross premiums € 56.3 million (+ 4,8%)
- claims € 68.6 million, down 17.5%.
Shareholder’s equity at 31 March 2015 was € 4 billion, with a reduction of 14.4% due to the return of € 799 million to the shareholder in execution of the capital reduction resolved last December.
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Deals & Products
SACE -
28 July 2026
Bending Spoons S.p.A. (NASDAQ: BSP) announced today that it has entered into a new €500 million medium-long-term financing provided by HSBC Continental Europe (acting as Sole Coordinator and MLA), Intesa Sanpaolo S.p.A. (acting as SACE Agent and MLA), and BPER Banca S.p.A. (acting as Structuring Advisor and MLA). The facility, which matures in March 2031, benefits from a guarantee provided by SACE, in advancement of SACE’s mission to support the international growth of Italian businesses.
Agreements
SACE -
24 July 2026
SACE, the Italian Export Credit Agency owned by the Ministry of Economy and Finance, and Bank of Africa, one of the leading banking groups on the African continent, have signed a cooperation agreement in Casablanca aimed at developing new financing and investment opportunities across Africa and supporting the participation of Italian companies and supply chains in strategic projects throughout the continent.
Agreements
SACE -
17 June 2026
Agreement signed to foster new cooperation opportunities in the priority sectors of the Mattei Plan