BNL BNP PARIBAS Group and SACE announce an agreement to support Italian companies that want to develop their activities in the Indian market.
The partnership – signed today by the Chief Executive Officer of SACE, Alessandro Castellano, and by Fabio Gallia, Chief Executive Officer of BNL – provides for a ceiling of € 100 million in loans available to companies, especially SMEs, interested in operating in India. The agreement is aimed at supporting export and internationalization projects in this market; moreover, joint information activities will be carried out to make entrepreneurs aware of the most suitable insurance and financial instruments for developing their business in India.
The strong point of the initiative is the strong expertise of SACE and BNL in the Indian market, served through branches of the BNP PARIBAS Group, present in 8 major cities, and the new SACE office in Mumbai.
We attach the joint press release of the two companies.
Attachments: BNL-Sace Agreement.pdf
