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Liquidity Decree: UniCredit has so far disbursed over one billion to Italian SMEs for a state guaranteed loan of up to 25 thousand euros

UniCredit has so far disbursed over one billion euro to 47,000 Italian SMEs, that have applied for a state guaranteed loan of up to 25,000 euros following the Italian liquidity decree. The bank has strengthened and accelerated the process for loans applied for through the state guarantee scheme, speeding up the disbursement by anticipating the guarantee from the Central Fund.

 

Remo Taricani, UniCredit's Co-CEO of Commercial Banking Italy commented: "There has been significant interest in these loans. This result confirms UniCredit's commitment to support Italian businesses in these challenging times. I am grateful to all our team members for the strong commitment they are showing in serving our customers every day".

 

 

Milan, 4 June 2020

 

 

 

Contacts:

 

Media Relations

 

e-mail: mediarelations@unicredit.eu