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29 December 2008
Information campaign on payment cards was launched on the web
There are 67 million cards in Italy.
On the www.ilverovantaggio.com website, users can find tips for using payment cards safely, useful information, and an interactive journey to become acquainted with “plastic money”. The initiative is part of the widespread campaign promoted by PagoBANCOMAT and Visa.
22 December 2008
GDP: ABI, economy still weak in 2009 but signs of recovery starting 2010
AFO forecasts presented: economic distress in Italy in 2008-2009, GDP expected to fall -0.3 and -0.8%; first signs of growth starting 2010, estimated at +0.7%. Despite Italian banks’ ability to weather the ongoing crisis, net profits are forecasted to fall, owing to the recession, but no credit crunch is expected to hit companies. Full text >>
17 December 2008
Mortgages: ABI, 50,000 mortgage holders have availed themselves of the ABIEconomy
5 billion euros of renegotiations
At the end of November 2008, approximately 50,000 customers decided to take advantage of the opportunity, offered by the agreement signed between the Ministry of Economy and the Italian Banking Association, to renegotiate their mortgages. This is the figure provided by ABI regarding the transactions defined in the Agreement concerning the renegotiation of variable rate home loans.