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Signing of the Partnership Agreement between ADGF and Intesa San Paolo Bank Albania
April 14, 2023
Intesa Sanpaolo Bank Albania and the Albanian Development Guarantee Foundation (ADGF), have signed a guarantee agreement to support Small Business in Albania. The bilateral agreement aims to facilitate financing for Small Businesses in the form of Individual Guarantee Instrument for loans and qualified beneficiaries. The signing event was held on the premises of the Bank.
Mr. Alessandro D’Oria, CEO of Intesa Sanpaolo Bank Albania, said: “Our aim and objective is to support this segment of Small Business by offering products and services to further develop the economic sectors where they operate, and also by giving Small Businesses the opportunity to grow, thus becoming more competitive in the market.”
Mr. Bajram Korsita, Executive Director of the Albanian Development Guarantee Foundation, said: “ADGF appreciates the collaboration with Intesa Sanpaolo Bank Albania and through its guarantee mechanism aims to support micro, small and medium enterprises, to have access to financing, with the ultimate goal to support their growth and development in the market, as well as maintaining or creating employment in Albania.”
