13 Febrary 2009

Deutsche Bank - SACE Agreement

Deutsche Bank and SACE, an italian group which provides a wide range of insurance and financial products and services for companies and banks to make business in Italy and abroad, signed an agreement to support international economic project of italian SMEs. The agreement, addressed to enterprises with turnover up to 250 millions of euros and a the 10% created abroad, allows enterprises to access funds for 100 millions of euros, with a possible exstension, and to SACE insurance up to 70%.