SACE, Italy’s Export Credit Agency, and the National Bank of Kuwait, the leading bank in Kuwait (NBK), have signed a Memorandum of Understanding today, with the objective to enhance trade and economic cooperation between Italy and Kuwait.
Three award-winning deals: SACE supports two major players such as Maire Tecnimont and TechnipFMC and their chain of Italian subcontractor SMEs for the construction of petrochemical and oil & gas plants in Bahrain, Malaysia and Russia
SACE’s financial statements were approved on 31 December 2019: net profit of 141.6 million Euro, positive performance indicators (ROE of 3%) and solidity of equity (Solvency Ratio of 177%). The companies served throughout the year rose by 10% thanks to the digitalization of the offering and initiatives for accompanying them overseas.
This site uses third-party marketing, profiling and cookie cookies to send you promotional offers also in line with your preferences.
Proceeding with browsing or accessing any element of this page, you authorize us to store and access cookies on your device.