Share
March 15, 202021.37 Cdp will guarantee, with a public allocation of 500 million, financing for an amount of up to 10 billion that banks will be able to release to companies affected by the Coronavirus emergency. It is one of the rules envisaged in the draft decree that the government is about to launch. In the technical report it is in fact explained that the expected 'leverage' effect is equal to a multiplier of 20 compared to the new 500 million ceiling for Cdp's Mid and Large Corporate. The standard provides guarantees up to 80% of the value of the loans.Government draft: up to 10 billion for businesses
2020-03-15T20:52:21.600Z
21.37 Cdp will guarantee, with a public allocation of 500mln, loans for an amount up to 10 billion that the banks will be able to release to the companies affected by the Coronavirus emergency. It is one of the rules envisaged in the draft decree that the government is about to launch. In the technical report it is in fact explained that the expected 'leverage' effect is equal to a multiplier of 20 compared to the new 500 million ceiling for Cdp's Mid and Large Corporate. The standard provides guarantees up to 80% of the value of the loans.
Source: rainews