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Banco Bpm will manage the treasury of the Armed Forces Pension Fund

The banking group led by Giuseppe Castagna will manage the treasury service of the Armed Forces pension fund for the next three years.

Agreement between Banco BPM and the Social Security Fund of the Armed Forces, for the management of the treasury service by the credit institution for the next three years.

The Armed Forces Pension Fund was established within the organizational structure of the Ministry of Defense and manages the pension funds according to criteria inspired by principles of management uniformity, safeguarding the rights accrued by members, as well as the separation and patrimonial and accounting autonomy of each Fund.

“It's for us – he commented Francesco Minotti, Head of Institutions, Entities and the Third Sector of Banco BPM – a great satisfaction and a source of pride to have been awarded the treasury service of the Social Security Fund of the Armed Forces and represents a confirmation of the commitment and fruitful collaboration of Banco BPM with the main institutions of the country”.

Banco BPM and the Ministry of Defense have also recently signed the agreement for advance of the End of Service Treatment, thus completing the offer of specific products for the entire Armed Forces sector, after signing the same agreement with the Italian Army, the Navy, the Arma dei Carabinieri and the Air Force.

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