Financials
SACE
-
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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Agreements
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30 June 2024
SACE, Italy’s Export Credit Agency and insurance financial group has finalized two agreements, with the Ministry of Transports of Egypt and with the Commercial International Bank respectively, to support mutual growth opportunities between Italy and Egypt in the framework of Piano Mattei.
Deals & Products
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12 June 2024
The Parties aim to support Ukraine through a Framework of Cooperation, leveraging the potential of export credit and foreign direct investment support
Agreements
SACE -
24 May 2024
SACE, the Italian insurance-financial group controlled directly by the Ministry of the Economy and Finance, has signed two financial agreements worth a total of 400 million euros during the Italy-Serbia Business Forum. The event was attended by the Italian Minister of Foreign Affairs and International Cooperation, Antonio Tajani, and the Prime Minister of the Republic of Serbia, Milos Vučević.