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SACE, Latini: “Since the beginning of the pandemic, 67 billion have been mobilized for exports, investments and green”

Zachary Pearce by Zachary Pearce
September 14, 2021
in Economy
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SACE, Latini: "Since the beginning of the pandemic, 67 billion have been mobilized for exports, investments and green"
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(Teleborsa) – SACE mobilized in favor of businesses 67 billion euros from the beginning of the pandemic to today, through the traditional activity of supporting theexport, but also in the form of guarantees on financing e orders insured. This was stated by the Chief Executive Officer of SACE, Pierfrancesco Latini, on the occasion of the presentation of the Export report 2021 entitled “Back to the Future: Anatomy of a Post-Pandemic Recovery”.

“In the most difficult moment in the health and economic history of our Republic, we have been given a new mandate, which drew up a roadmap for SACE ”, recalled Latini, speaking of“ a new business model which goes beyond our traditional support for exports and internationalization – which we have been carrying out for over forty years – also extending it to the domestic market and to green guarantees “.

For the traditional business of support for exports and internationalization – he explained – they were 38 billion mobilized euro, while the emergency instrument Italy warranty, entrusted to the management of SACE to support businesses and ensure liquidity during the pandemic, has mobilized resources for over 28 billion euros for a total of more than 3,000 guarantees issued.

The third pillar represented by the sustainability e from the green allowed to mobilize 1.4 billion of euro, said Latini, underlining that it is “a figure destined to grow in the coming months ”since SACE has been called to“ take on an important role in the Italian Green New Deal ”.

“These numbers – concludes Latini – demonstrate the great strength and resilience demonstrated by SACE during the emergency period, in which we grounded the new operations without neglecting (indeed even increasing) our commitment to the business in support of exports. And for this I would like to take the opportunity of this event to really thank all the people of SACE for the work done alongside the companies “.

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Tags: beginningBillionexportsfinancegreeninvestmentsLatinimobilizedSACE
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