(Tehran Times, Tehran, 1 December 2015) Iran and Italy have agreed to open a $5-billion credit line, in a bid to pave the way for optimal banking and economic ties between the two countries once sanctions against the Islamic Republic are lifted. The credit line is projected to take effect one...
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(Ansamed, Rome, 11 December 2015) The Italian export credit agency SACE has announced five billion euros in operations being assessed to support Italian export and firms in Egypt, one of the most strategic markets for the country in the Mediterranean. SACE has in Egypt a portfolio of insured...
more(Tass, Verona, 22 October 2015) The Italian export credit agency SACE has suffered losses up to €3 billion due to sanctions against Russia, head of the agency Giovanni Castallaneta said. "We have already suffered damage for 2014-2015 for the sum of €2.5-3 billion," Castellaneta told the...
more(ANSAmed, Rome, 20 October 2015) New export opportunities in the United Arab Emirates for Italian companies after the agreements signed by SACE with the Dubai Aviation City Corporation (DACC) and Abu Dhabi Ports, on the occasion of the Emirati National Day at the EXPO. The accord with DACC,...
more(TXF News, 20 August 2015) In a development that might raise a few eyebrows in the export finance world, Italian export credit agency (ECA) SACE has topped the ECA export finance table* in the first half of the year – according to TXF’s H1 Export Finance Report. Knocking the previously-...
more(Reuters, Milan, 14 July 2015) A gradual lifting of sanctions against Iran could lift Italian exports to the Asian country by around 3 billion euros ($3.3 billion) in the next four years, Italy's export credit agency SACE said on Tuesday. Meanwhile, Britain's export credit agency...
more(Global Trade Review, St. Petersburg, 15 June 2015) Sberbank of Russia and Italia export credit agency Sace signed a memorandum of understanding (MoU) during the St. Petersburg International Economic Forum... Despite the sanctions, Russia remains an important partner for Italy. Alessandro...
more(Global Trade Review, Rome, 5 June 2015) Italian export credit agency Sace has guaranteed a line of credit worth US$200mn for Angolan national oil company Sonangol, GTR is able to confirm.The goal is to increase the export of goods and services between Italian companies active...
more(Trade and Export Finance, Rome, 15 May 2015) SACE has signed a technical cooperation agreement to increase the capacity of the Iranian ECA, Export Guarantee Fund of Iran (EGFI). Under the agreement, SACE will offer EGFI advisory and training services on products, processes and risk assessment...
more(TxfNews, Rome, 27 April 2015) Italian export credit agency SACE is set to expand activity with Cuba and has raised the ceiling for the support of Italian exports and investments in the country. As one of the first export credit agencies to announce such an initiative, SACE has approved a...
more(SACE, Rome, 23 March 2015) Bernardo Attolico has been appointed the head of the Debt Capital Markets division of SACE, created within the Business area to develop services dedicated to companies active in the capital markets. Attolico will oversee the origination and structuring of debt...
more(Morning Star, London, 20 February 2015) Recently released HSBC files reveal that the bank's Swiss branch held accounts for Jeffrey Tesler, a London lawyer...
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