SACE and CTBC Bank sign agreement to boost Italy-Far East investment

SACE, the Italian export credit agency, and CTBC Bank, a major Taiwanese banking group, have signed an agreement to enhance cooperation and create new financing and investment opportunities between Italy and the Far East.

The partnership aims to leverage the industrial complementarities between the Italian and Taiwanese systems. The two entities will work to identify strategic financing opportunities, potentially combining CTBC Bank’s advisory and financing capabilities with SACE’s insurance and risk mitigation tools.

The agreement also focuses on supporting Italian companies operating in Taiwan, particularly in key sectors such as automotive, automation, microelectronics, semiconductors, renewable energy, energy storage, digitalization, and data centers. Additionally, the collaboration will facilitate business connections through industry events, seminars, and networking opportunities to promote joint ventures and strategic alliances.