Ics-Fiv agreement to support sustainable development of sailing

(ANSA) – ROME, JUL 22 – The Istituto per il Credito Sportivo and the Italian Sailing Federation have signed a memorandum of understanding to provide Fiv and its associates with additional financial and consultancy opportunities, aimed at providing support for sustainable development sailing activity in its sporting dimension, from the Olympic and Paralympic disciplines to the entire supply chain.

Central elements of the agreement, signed by the presidents of the ICS and the Fiv, Andrea Abodi and Francesco Ettorre, are the ‘Top of The Sport’ products, dedicated to national sports federations, and ‘Mutuo Light 2.0-FSN’, for the Associations and the Affiliated Companies. The maximum amount of the loan is 60,000 euros, with a duration from 2 to 7 years. To the portfolio of opportunities, the Institute also added the purchase of tax credits, factoring and advisory for the development of infrastructure projects.

“The renewal of the Protocol with the Federvela – said president Abodi – is another piece that enriches the mosaic of agreements with sports organizations, which is accompanying and guiding the growth path of the Bank’s usefulness in support of the Italian sports movement” .

“In an economically unstable moment like this, being able to guarantee these financial services allows us to look to the future by being able to lay solid foundations for relevant sporting projects” commented the president Ettorre. (HANDLE).

Source: Ansa

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