Press Releases and News

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Deals & Products SACE - 17 June 2009
SACE backs the Italian stake of a loan to Vietnam Airlines for the purchase of six ATR aircrafts
Financials SACE - 26 May 2009
Despite significant worsening of the economic and financial situation, the quarterly results show improved performance with respect to the same period last year. Gross profit: € 167.1 million; Net profit: € 106.9 million
Agreements SACE - 19 May 2009
€500 million earmarked under the UniCredit Group “Impresa Italia” (Business Italy) project. SACE to guarantee up to 70% of loans
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

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