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Figures and ratios - Banca Popolare di Milano

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The Group also entered into agreements with local organisations <strong>and</strong> institutions so as to strengthen possible synergies <strong>and</strong><br />

enhance our reputation as a Group that stays close to the local community. In particular, BPM has signed a special agreement<br />

with the Province of Milan, <strong>Banca</strong> <strong>di</strong> Legnano with the Chamber of Commerce of Milan, Varese <strong>and</strong> Como, <strong>and</strong> Cassa <strong>di</strong><br />

Risparmio <strong>di</strong> Aless<strong>and</strong>ria with the Province of Aless<strong>and</strong>ria <strong>and</strong> Fondazione Cassa <strong>di</strong> Risparmio <strong>di</strong> Aless<strong>and</strong>ria.<br />

Initiatives in favour of companies<br />

� Capital reinforcement<br />

An initiative promoted in 2010 by ABI <strong>and</strong> the Economy <strong>and</strong> Finance Ministry in support of companies with less than 250 employees<br />

that go through a process of capital strengthening or boosting liqui<strong>di</strong>ty as a result of an increase in capital.<br />

� Moratorium for SMEs<br />

Agreement promoted by ABI, the Ministry of Economy <strong>and</strong> Finance <strong>and</strong> Business Associations for the suspension of debt repayments<br />

on the part of SMEs in financial <strong>di</strong>fficulty for up to 12 months.<br />

Capital strengthening<br />

Moratorium for SMEs<br />

2010 2009<br />

No. beneficiaries 5 -<br />

Amounts financed 1.6 mn euro -<br />

No. beneficiaries 3,462 1,446<br />

Amount suspended 25 mn euro 10.6 mn euro<br />

In<strong>di</strong>vidual banks have also developed specific initiatives with local institutions to support local companies in crisis.<br />

Cassa <strong>di</strong> Risparmio <strong>di</strong> Aless<strong>and</strong>ria has signed such an agreement with the Province of Aless<strong>and</strong>ria <strong>and</strong> a number of municipalities in<br />

favour of suppliers of public entities <strong>and</strong> other agreements with the Collegio Costruttori, Api Aless<strong>and</strong>ria, Ascom, Confindustria <strong>and</strong><br />

Cassa E<strong>di</strong>le for the financing of member companies.<br />

<strong>Banca</strong> <strong>Popolare</strong> <strong>di</strong> Mantova has collaborated with Fi<strong>di</strong>ter Mantova, the guarantee consortium for len<strong>di</strong>ng to the services sector, to<br />

support those SMEs which are in a business situation that makes it <strong>di</strong>fficult for them to obtain access to cre<strong>di</strong>t through normal channels.<br />

OTHER CRISIS SITUATIONS: FLOOD EMERGENCY IN VENETO<br />

After the flood that hit a large part of the Veneto last autumn, BPM took a number of steps on behalf of in<strong>di</strong>viduals, households <strong>and</strong> businesses to<br />

help relaunch the area: namely, a 12-month moratorium on outst<strong>and</strong>ing mortgages <strong>and</strong> loans <strong>and</strong> a 50 million euro fund to finance the restoration<br />

of homes or businesses.<br />

1. Inver SpA: it is a l<strong>and</strong>mark in the world of industrial paints. It has numerous locations around the world <strong>and</strong> is one of BPM's longest-st<strong>and</strong>ing customers<br />

1<br />

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