Banca Popolare di Vicenza launches export supporting facility
Italy’s Banca Popolare di Vicenza has launched Plafond Esportazione, a product aimed at deposits and loans for exports with an initial budget of €3.5m.
The platform is aimed at export firms in the country and predominantly looks at projects exporting to India, Banca Popolare di Vicenza said.
Plafond Esportazione is part of Piattaforma Imprese, another platform through which the group has issued €5.5bn, on top of the €16bn funding for SMEs.
Vice director general, Iacopo De Francisco, stressed that the launch confirms the group’s attention and support to Italian companies exporting made in Italy products globally.