Trento/Rome, 10.12.2024 – Mediocredito Centrale and Cassa Centrale Banca have signed a collaboration agreement in the field of specialised factoring services. A significant step in the strengthening of business and strategic relations between the two Italian financial institutions, thereby consolidating their partnership and their positioning as key players in the credit market.
In particular, Mediocredito Centrale, through its specialised structure MCC Factor, will offer various services to the business customers of the 65 BCCs, Casse Rurali (Rural Banks), Raiffeisenkassen affiliated to the Cassa Centrale Group including, for example, with and without recourse factoring, payment deferment, reverse factoring.
The agreement is part of a broader project of collaboration between the two companies, aimed at creating synergies and innovative solutions for business customers, thus promoting economic growth and sustainable development of the entire country's economic system and of the small and medium enterprises that comprise it.
The business customers of the Cassa Centrale Group will be able to benefit from advantageous conditions and specialised support capable of guaranteeing greater flexibility and new financial solutions that will help to boost their growth and competitiveness.
“We are pleased to write this new chapter of the partnership with Mediocredito Centrale” commented Sandro Bolognesi, Chief Executive Officer of Cassa Centrale Banca. “This agreement not only expands the Group's Corporate offer, but represents an opportunity for business customers to diversify their sources of funding, benefiting from innovative and tailored solutions, designed to meet the needs of a constantly evolving market”.
“The agreement allows all the banks affiliated to the Cassa Centrale Group to take advantage of an innovative and integrated service consistent with the needs of the market”, declared Francesco Minotti, Chief Executive Officer of Mediocredito Centrale. “In fact, factoring has the great advantage of being perfectly integrated with ordinary products, allowing an overall liquidity management strategy. For this reason, we have focused heavily on this segment, enhancing the service with the dedicated MCC Factor structure”.