Strong focus on financial inclusion through social lending

Measuring the impact of financing is increasingly important and for this reason Intesa Sanpaolo has developed the RIM Impact Detector. The RIM is a process aimed at measuring the social and economic impact of some credit activities of the Intesa Sanpaolo Group. There are specific versions of this process.

RIM of the products provided under the Fund for Impact (Per Merito, Mamma@Work and other retail credits).

The analysis of the impact of these products goes well beyond the aspects of well-being, considering for example aspects such as the increase in net income in the long term, higher tax revenues, greater employability or the reduced possibility of developing diseases. The most common estimated impact is the increased income in the long term.

For example, it is estimated that for Merito, in the face of 5,046 loans granted for 88 million euros granted during 2023, the product can generate impacts in social, fiscal, welfare and economic terms for the beneficiary students (more precisely those who, in the absence of the loan, would have had to give up their studies, or change their study program, or postpone completion or even abandon the course altogether). Overall, it is estimated that all the benefits generated by the product for the 2023 loans amount to approximately 77 million euros, compared to a cost that they will have to bear of 60 million euros.

RIM for Third Sector loans

Used to evaluate the impact of Third Sector funding, supported by the Solidarity and Development Fund. In 2024, the Group published the results of the year 2023, which emerged from the survey on the expected effects of funding to Third Sector entities. According to the survey also carried out in 2023: 662 questionnaires were filled out, corresponding to funding for approximately 189 million euros disbursed during the year. The official results highlight that: (i) in 56% of cases there would have been no alternatives to the funding provided by Intesa Sanpaolo; (ii) every million euros lent will generate 20 new jobs and preserve another 79; (iii) once fully operational, the beneficiaries of the initiatives will be approximately 1.2 million; (iv) over 18 thousand jobs will be created or maintained in the financed organizations and another 7 thousand as an indirect effect on the reference communities (e.g. job placement of people who have received professional training).