Banca del Mezzogiorno – MedioCredito Centrale Supporting Local Economy and Growth

Banca del Mezzogiorno – MedioCredito Centrale is a key player in supporting local economy and growth in Italy's southern regions. Established in 1986, it has been working tirelessly to promote economic development and job creation in the area.

The bank's focus on microcredit has been instrumental in reaching out to small businesses and entrepreneurs who might not have had access to traditional financing options. By providing loans with favorable terms, Banca del Mezzogiorno has enabled many to start or expand their operations.

With a strong presence in the regions of Campania, Apulia, Calabria, and Basilicata, the bank has been able to tailor its services to the specific needs of each area. This localized approach has helped to foster a sense of community and cooperation between the bank, local businesses, and residents.

Banca del Mezzogiorno – MedioCredito Centrale was founded in 1952 as a statutory corporation, part of the Mediocredito initiative. This marked the beginning of the bank's mission to provide financial support to medium and small-sized industries.

The bank initially focused on financing regional credit institutions and other long-term credit institutions designated by the Treasury. This aim was to support medium and small-sized industrial and commercial enterprises.

In 1962, the bank's name was changed to Istituto Centrale per il Credito a Medio Termine. This change reflected the bank's growing role in providing medium-term financing.

The bank subscribed to the capital increase of Banco di Sicilia in 1997. This move marked a significant milestone in the bank's history.

In 1994, the bank was transformed into a limited company, Società per Azioni (S.p.A.). This change paved the way for the bank's privatization in 1999.

The bank was privatized and sold to Banca di Roma for 3.9 billion lire in 1999. This marked a significant shift in the bank's ownership structure.

In 2008, the bank was renamed UniCredit MedioCredito Centrale S.p.A. This change reflected the bank's growing partnership with UniCredit.

In 2009, the Italian government introduced a law that aimed to establish a bank that would focus on financing projects in the southern regions of Italy. This law paved the way for the bank's future development.

The bank was acquired by Poste Italiane S.p.A. in 2011 for 136 million euros. This acquisition marked a significant change in the bank's ownership structure.

In 2017, Poste Italiane sold its 100% stake in the bank to Invitalia S.p.A. for 390 million euros. This sale marked the end of Poste Italiane's ownership of the bank.

Banca Del Mezzogiorno is a bank that requires the SWIFT code for international transfers to and from its accounts in Italy.

To initiate an international transfer to a Banca Del Mezzogiorno account, you'll need the SWIFT code along with other essential details.

Traditional banks often process international transfers slowly and at a higher cost, but there are alternative solutions available.

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MedioCredito Centrale offers a range of services to support businesses, including financing for investments, internationalization, and working capital.

The bank provides medium and long-term loans, as well as short-term loans and factoring services, to help businesses grow and succeed.

Mediocredito Centrale also manages incentives for research and innovation, and financing for development, making it a one-stop-shop for businesses looking for support.

Mediocredito Centrale supports the country's entrepreneurial fabric by facilitating access to credit for small and medium-sized enterprises.

The bank's primary objectives are to support the country's entrepreneurial fabric, facilitate access to credit for PMIs, and promote productive investments and research and development.

It achieves these goals through the provision of credit and concession of benefits, including medium and long-term financing, short-term financing, and factoring.

Mediocredito Centrale is also the manager of the PMI Guarantee Fund, a public instrument that facilitates access to credit for micro, small, and medium-sized enterprises.

The bank manages incentives for research and innovation, as well as financing for development, and has supported the Ministry of Economic Development in managing the PMI Guarantee Fund during the COVID-19 emergency.

Mediocredito Centrale has supported the liquidity of businesses, start-ups, and professionals during the COVID-19 emergency by managing the PMI Guarantee Fund on behalf of the Ministry of Economic Development.

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The Mutuo Ipotecario Imprese is a loan solution offered by Mediocredito Centrale - Banca del Mezzogiorno to businesses that need to make investments in both tangible and intangible assets.

This loan has a minimum duration of 5 years and a maximum of 15 years, and can be requested for an amount exceeding €50,000.

The interest rate can be fixed or variable, and the payment plan is structured with installments due at 1, 3, and 6 months.

One of the benefits of this loan is the possibility of early repayment without any additional costs.

Here are some related loan options:

The team at TeleMutuo has received praise for their professionalism and humanity in assisting businesses with the loan application process.