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.
Filter for
by
From
To
Agreements
SACE -
11 May 2009
SACE has finalized a guarantee on operations for up to $1.14 billion with the Brazilian Development Bank BNDES (Banco Nacional de Desenvolvimento Econômico e Social). According to the agreement, loans in local currency, guaranteed by SACE, will be issued to Italian companies and their subsidiaries or joint-ventures for production investments in Brazil
Financials
SACE -
06 May 2009
SACE confirmed a general upswing in results, with an increase of more than 20% in new business. On the basis of the results achieved, the AGM has resolved to distribute a divided of € 135 million, confirming a dividend payout equal to 40% of SACE S.p.A.’s net profit, as in 2007. Overall, the 2008 dividend is 5.5% higher than the € 128 million of the previous year
Deals & Products
SACE -
04 April 2009
SACE at the the Italian Governmental and Entrepreneurial Mission to Russia
Agreements
SACE -
13 February 2009
Under the terms of the agreement, Zurich’s offer of reinsurance or coinsurance facilities to SACE will be used to enhance opportunities for Italian companies dealing in emerging markets
Agreements
SACE -
20 January 2009
The agreement is designed for businesses with revenue up to € 250 million, at least 10% of which generated abroad. It gives SME access to €100 million in loan money, with the possibility of future extensions