Intesa Sanpaolo, other banks to launch fund.
Global Banking News - 03 November 2009(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk
Italy's Intesa Sanpaolo SpA (ISE: ISP) (ISP.MI) and certain other large financial institutions are planning to support the Italian economy in the next months by launching a fund to guarantee liquidity for small and medium companies as well as start a social housing project.
'Intesa Sanpaolo together with Italy's largest banks, state-run lender Cassa Depositi e Prestiti Spa and the support of the Italian government is working to launch a fund to support small and medium companies,' said Intesa Sanpaolo head of corporate and investment banking, Gaetano Micciche.
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((Distributed via M2 Communications - http://www.m2.com))
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|Publication:||Global Banking News (GBN)|
|Date:||Nov 3, 2009|
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