The competitive capacity of businesses is a key driver for a sustainable economic and social development in our country and, for a bank with strong local roots such as Intesa Sanpaolo, the capacity and propensity to understand better businesses and their operating and strategic needs become even more important, in order to be a reliable partner in the growth and development stages, but above all in times of difficulty.
Support for Manufacturing
In 2019, Intesa Sanpaolo allocated about 58 billion euro of new medium-long term loans to the real economy. Around 48 billion euro was granted in Italy, 38 billion euro of which to households and SMEs. In 2019 the Group facilitated the return from non-performing to performing status of around 18,500 Italian companies, with a positive impact on employment through the protection of approximately 93,000 jobs.
To facilitate access to credit, the Bank developed an innovative rating model - validated by the ECB - in collaboration also with Confindustria Piccola Industria. In addition to the usual economic and financial assessments, the new model aims to make it easier to access credit, at more favourable financial terms, by basing the assessment also on the intangible qualities of the business, such as trademarks, patents, quality and environmental certifications, research and development activities, innovation and digitisation, development and competitive positioning projects, management of the business risk and being part of a supply chain.
The relational Industrial Dialogue approach supports the new way of making Bank: It enables business managers to assist entrepreneurs in their growth and development pathways, thanks to a better understanding of the peculiarities of their companies and the sector in which they operate and the possibility of providing answers and solutions adapted to their objectives. It has the aim of increasing the "strength of the relationship" of managers with companies, identifying a common language for a better understanding of their needs, oriented to offer solutions better suited to the objectives and peculiarities of each company.
Within the framework of the Industria 4.0 National Plan, sectoral agreements were entered into to support and facilitate innovation processes, investments in new technologies and the digitisation of businesses with:
- FEDERLEGNO ARREDO Italian Federation of Wood, Cork, Furniture, Lighting and Furniture Industries with a plafond of one billion euro to support the investments of companies in the processes of innovation and circular economy, with at the center a model of sustainable development of the supply chain and, more generally, of the "home system" that includes wood trade, wood-building sector and the home-furnishing-design world
- CONFAGRICOLTURA, to support the Italian agricultural and agri-food system, through the enhancement of supply chains, internationalization, innovation, digitalization, e-commerce and initiatives dedicated to promoting training and welfare in agriculture
- CNA National Confederation of Crafts and Small and Medium Businesses, to spread the culture of corporate welfare through the innovative "Welfare Hub" platform that allows taking advantage of the opportunities granted by tax regulations and the advantages offered by the flexible benefits
- CONFCOMMERCIO, to facilitate access to credit for micro-enterprises and SMEs through the provision of a guarantee on a first portfolio of 100 million euro of new loans (Tranched Cover)
- ANFIA, National Association of Automotive Industry, for actions to support the production chain, development of human capital, offer of non-financial services to enterprises
- Confindustria Small Industry, for financial support for training, generational change, the sectors and economic sustainability, social and environmental
- Ministry of Cultural Heritage and Activities-Directorate-General for Tourism, with the aim of developing a "Pact for Tourism 4.0" in order to enhance the sector in credit assessments, with the allocation of a three-year plafond of 5 billion Euro for the companies and the sectors of the sector, destined to renovate and modernize the accommodation facilities, to improve the reachability of the destinations, to increase the quality of the reception
- FIPE (Italian Federation of Public Exercises), to provide the more than 100,000 associated companies operating in the restaurant, entertainment and tourism sector, tailored tools for daily operations and to respond to new needs and increase the quality of services and the ability to compete
- SACE, for the support of the international activities of Italian companies through interventions on international guarantees and documentary credits, medium-long-term financing to Small and Medium-sized Enterprises (International +) and services of Foreign debt recovery.
Furthermore, after 10 years of cooperation with Confindustria Piccola Industria, a partnership born as a response to the recession and that then evolved into a support for quality growth, the credit line of the 2017-2019 three-year agreement "Designing the future" dedicated to competitiveness and digital transformation of companies to seize the opportunities offered by the fourth industrial revolution has been increased from 90 to 100 billion euro.
Within the context of Industry 4.0, in 2019 support for SMEs took the form of over 600 million euro of loans issued in response to over 2,000 requests processed.
Considering that many small and medium enterprises are part of complex supply chain networks, often with strong relationships at local level, since 2015, another project called “Programma Sviluppo Filiere” was launched to support the growth of manufacturers of excellence by creating an innovative model of collaboration between the Bank and the Lead Company.
Designed to facilitate access to credit, at the end of 2019, there were around 680 participating lead companies with potentially 15,600 suppliers and a workforce of 93,000 employees.
This attention is also reflected in the analysis that the Studies and Research department carries out regarding local economies and production chains with the aim of identifying customer needs and strengthening its product model, by facilitating access to credit, the various forms of production aggregation and the promotion of companies with a recognized strategic role in the chains.
With the Welfare Hub service, through access to a digital, multimedia and multi-channel platform (navigable from PCs, tablets and smartphones) companies can offer bonuses to their employees, even in place of the company's payroll premiums, which can be used through a set of goods and services called Flexible Benefits that enjoy tax benefits for both the company that offers them and the employee who receives them. The service is divided into 6 modules: Flexible benefits, Bank Offer, Third Party Offer, Information Section, Pension and Editorial Content. In 2019 Welfare Hub has been enriched with the module dedicated to health services and the offer model has been extended Retail Companies and Professionals. At the end of 2019, around 1,900 companies will join the platform.
Business Gemma funding supports women's and self-employed women's companies, benefiting free of charge from the special section of the SME Fund for Women's Entrepreneurship. In 2019, 267 loans were provided for 10.1 million euro.
In order to create business development and acceleration opportunities for the most promising technological start-ups, Intesa Sanpaolo developed several initiatives, such as the Nova+ financing programme, the Intesa Sanpaolo Start Up Initiative and the Tech Marketplace digital platform, that enables startups, SMEs and big companies to match their technology needs and offers, with the aim of creating partnerships, commercial agreements and acquisitions.
Support for Public Administration
In order to promote the country's development and economic growth, Intesa Sanpaolo has six priority areas for intervention:
- credit for infrastructure projects
- support for the health system, universities and scientific research
- improvement of public services
- backing financial stability of the Public Administration
- financing urban development projects and area enhancement
- innovation of complex administration procedures to simplify banking operations for public bodies and companies.
Last updated 14 October 2020 at 15:11:08