2012 Earthquake Reconstruction Plafond

This is a measure aimed at financially supporting the families and businesses damaged by the earthquake that hit the regions of Emilia-Romagna, Lombardy and Veneto in May 2012

This is a measure aimed at financially supporting the families and businesses damaged by the earthquake that hit the regions of Emilia-Romagna, Lombardy and Veneto in May 2012.

CDP and ABI signed an agreement on 17th December 2012, amended by subsequent Addenda, which defined the rules for granting subsidised loans, to be allocated to reconstruction activities in the regions affected by the earthquake in May 2012.

The banks participating in the initiative can access a 6 billion euro fund to grant subsidised loans, with a maximum duration of 25 years, without reimbursement charges by the beneficiaries, who legally transfer the tax credit to the banks.

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