Percorso:ANSA.it > ANSA English > News

Two billion euros in home financing earmarked

CDP to also buy 3 bn euros of mortgage-backed bonds

21 November, 18:57
Two billion euros in home financing earmarked (ANSA) - Rome, November 21 - The Italian State savings and finance arm, the Cassa dei Depositi e Prestiti (CDP), and the national banking association ABI signed a deal Thursday that will allow home buyers to tap into some two billion euros of financing being set aside for real-estate purchases and for renovation works. The CDP also launched a program that will see purchases of some three billion euros of bank bonds that guarantee residential mortgages.

ALL RIGHTS RESERVED © Copyright ANSA