Tag Archives | Cassa Depositi e Prestiti

Italy extends $5bn Credit Line and Export Guarantees to Iran

During the visit of Italian Prime Minister Matteo Renzi to Iran, Italy’s Cassa Depositi e Prestiti (CDP Group), along with SACE and SIMEST, has announced that it is supporting Italian exports to Iran through a series of common integrated initiatives: € 4 billion in credit lines issued by CDP under the “export bank” system to […]

SACE to Collect 564 EUR owed by Iran

By John Lee. Italy’s state-owned export credit and insurance company SACE has signed an agreement to collect €564 million of sovereign credit claimed by the subsidiary of Italian state-backed lender Cassa Depositi e Prestiti against the Central Bank of Iran (CBI). Under the agreement signed by the Chief Executive of SACE, Alessandro Castellano (pictured), and the […]