Agricultural businesses: €100 mln allocated for drought damage

The image accompanying the News on € 100 million in support of agricultural SMEs that are suffering the damage caused by the drought emergency portrays a man from behind walking on an arid country road

Intesa Sanpaolo has allocated €100 million to support agricultural SMEs suffering damage caused by the drought emergency, providing immediate support through:

  • dedicated financing with repayment in instalments or in bullet form for water savings
  • simplified, fast procedure to access credit in the shortest possible time.

Companies in Emilia-Romagna, Friuli-Venezia Giulia, Lombardy, Piedmont and Veneto are the first to be affected by the initiative, which may be extended if the state of emergency is expanded to other regions.

The branches in the area and the dedicated network of Intesa Sanpaolo's Agribusiness Division are available to provide information and assistance.