News

11-3-09 6:21 AM EST | E-mail Article

MILAN -(Dow Jones)- Intesa Sanpaolo SpA (ISP.MI) and Italy's largest financial institutions are going to support the Italian economy in the next months by launching a fund to guarantee liquidity for small and medium companies as well as start a social housing project.

"Intesa Sanpaolo together with Italy's largest banks, state-run lender Cassa Depositi e Prestiti Spa and the support of the Italian government is working to launch a fund to support small and medium companies," Intesa Sanpaolo head of corporate and investment banking Gaetano Micciche said Tuesday.

-By Sabrina Cohen, Dow Jones Newswires, +39 02 5821 9906; sabrina.cohen@ dowjones.com


  (END) Dow Jones Newswires
  11-03-090621ET
  Copyright (c) 2009 Dow Jones & Company, Inc.
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