An agreement that Represents an important step in the process of modernization of relations between banks and businesses was signed by the President of Confindustria, Vincenzo Boccia and the General Director of ABI, Giovanni Sabatini, in the presence of the Prime Minister, Paolo Gentiloni and the Ministers of Economy and Finance, Pier Carlo Padoan and of Justice, Andrea Orlando.

The agreement is aimed at ensuring a better credit service to companies, allowing them to extend the duration of loans and free up resources for growth, thanks to a more flexible guarantee system and faster credit recovery times.

Source: Confindustria