Press Releases and News
Discover what’s new at SACE: the world of exports, the latest news and market scenarios, the trends in Italian industry and the most interesting success stories.
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Financials
SACE -
12 March 2013
The Board of Directors of SACE today approved the draft separate and consolidated financial statements of SACE at 31 December 2012. SACE ended 2012 with a net profit of €255.1 million, up by 38.6% compared with the previous year.
Agreements
SACE -
07 March 2013
SACE and the Kurdistan International Bank for Investment and Development (KIB), the leading bank in the autonomous region of Iraqi Kurdistan and the country’s largest private bank, have today signed a cooperation agreement to support investments and trade relations and to strengthen cooperation in export credit between Italy and Iraq.
Deals & Products
SACE -
29 January 2013
SACE has guaranteed a USD 57.8 million loan granted to Coeclerici Group to finance the investment in four new offshore floating transfer stations for moving coal in Borneo, Indonesia.
Financials
SACE -
04 December 2012
Today the Board of Directors of SACE examined the quarterly report and accounts at 30 September 2012, which show a significant improvement compared to a year ago. SACE closed the first nine months of 2012 with a net profit of € 214.2 million (+82,6%) and insured € 7,2 billion of new transactions (+18,4%).
Deals & Products
SACE -
29 October 2012
SACE has guaranteed a € 1 million loan issued by Cariparma Crédit Agricole to Ciro Paone - Kiton. The credit line will support the international development of the company by allowing the enhancement of its production system and the growth of its retail chain.