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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Agreements
SACE -
11 November 2020
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.
Agreements
SACE -
22 June 2020
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
Financials
SACE -
06 May 2020
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.
Agreements
SACE -
26 March 2020
SACE and UniCredit commit 1 billion euros to Italian SMEs and mid-caps affected by COVID-19 in order to support both exports and internationalisation
Agreements
SACE -
10 March 2020
CDP and Sace have increased the budget allocated to support Italian companies from EUR 1 billion to EUR 7 billion