Agreement with Federalberghi Veneto to support the region's hospitality sector

Intesa Sanpaolo and Federalberghi Veneto have signed an agreement to support tourism and hospitality businesses in the region, providing them with measures such as:

• liquidity assistance and secured financing
• no commissions on in-store POS micropayments up to €15 for one year
• no POS terminal and commercial credit card fees for one year
• discounts on insurance coverage and leases of business equipment, furnishings and accessories to contain operating costs

The measures are made available through CresciBusiness, a €5 billion plan promoted by Intesa Sanpaolo to support artisans, shopkeepers and small hotel operators in revitalising their businesses through digitalisation, sustainability and business development projects.

Since 2020 the Intesa Sanpaolo Group has disbursed €6.7 billion in new finance to the tourism sector, in addition to a further €2 billion in recently allocated funds intended, in particular, for companies presenting projects in line with the objectives of the Business Revolving Fund activated by the Ministry of Tourism.