The funds will support projects in line with the sustainability goals defined under the UN 2030 Agenda for Sustainable Development and the Transition Plan 5.0 launched by the Ministry of Enterprises and Made in Italy.
Trento, 18.09.2024 – The Cassa Centrale Group allocates €1.3 billion in funds to support "green" financing. The funds will be available for the next three years (2024-2027) and, fully consistent with the sustainability goals defined under the UN “2030 Agenda for Sustainable Development” and the “Transition Plan 5.0” developed by the Ministry of Enterprises and Made in Italy (“MIMIT”), they are an important sign of proximity to Households and Businesses with the aim of combining economic growth and sustainable transition, working alongside customers and creating long-term value for the communities and territories in which the Group operates.
In this context, the allocation of the funds shows a firm commitment to facilitating the energy transition through access to opportunities offered in the Transition Plan 5.0, aimed at promoting the growth of the Italian economic framework and supporting SMEs in developing increasingly stronger market competitiveness.
The 65 Affiliated Banks and Group Companies, Claris Leasing and Prestipay, will therefore be able to offer tailor-made financial solutions, including leasing, consumer credit and advisory services tailored to specific customer needs.
The initiative is part of the Group’s broader credit product mix, which includes:
- specialised products, designed to meet specific needs related to sustainability and green transition themes;
- "general purpose" products that offer a flexible response to the different needs of Households and Businesses;
- specialised advisory services for access to national and European subsidies.
With the new funds, which sum up to €1 billion NRRP funds launched in 2021, the Cassa Centrale Group confirms once again its distinctive positioning in the sustainable finance market, contributing in the local communities to the development of a dynamic and resilient economic framework, increasingly focused on giving a real and tangible boost to the sustainable economy.
Letterio Merlino, Chief Lending Officer of Cassa Centrale Banca said: “Our commitment and attention to sustainability have been turned into tangible actions, as with this €1.3 billion allocation of funds. Together with the Group companies specialised in leasing and consumer credit, we intend to be active partners in the green transition of households and businesses, creating through the affiliated banks lasting value for our local communities, in order to give our contribution to developing a more sustainable and resilient economy. In line with the principles of Credito Cooperativo, we aim to support the economic growth while reducing environmental impact and social inequalities.”