Banking and Companies, Guarantees and Credit to Companies, ABI/Confindustria Agreement on new loan guarantees
An agreement that represents an important step in the process of modernizing relations between banks and businesses was signed at Palazzo Chigi by the President of Confindustria, Vincenzo Boccia and the General Director of ABI, Giovanni Sabatini, in the presence of the Prime Minister, Paolo Gentiloni and of the Ministers of Economy and Finance, Pier Carlo Padoan and of Justice, Andrea Orlando. The agreement is aimed at ensuring a better credit service to businesses, allowing them to extend the duration of loans and free up resources for growth, thanks to a more flexible system of guarantees and faster credit recovery times. The...
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