OREANDA-NEWS. November 13, 2010. According to the Moldovan Banks Association (MBA), it was communicated by Speranta Tirsar, the head of the SACE office for Central and South-East Europe with headquarters in Bucharest, during the company presentation in Chisinau.

The head of the SACE office for Central and South-East Europe came to Moldova on the invitation of the Moldovan Banks Association. It should be mentioned that the president of the MBA Dumitru Ursu and the directors of some banks from Moldova while visiting Italy in May of the present year on the invitation of the Italian Banks Association attended the general presentation of this Italian company. SACE Group was founded by the Government of Italy and includes Italian state export credit agency SACE Spa, SACE BT and ASSEDILE companies. SACE Spa was founded by the Ministry of Economy and Finance of Italy.

It insures the national export under sovereign guarantees. SACE BT insures the short-term credit risks. ASSEDILE is a company that acts in the sphere of insurance arrangements. The group works in more then 180 countries and the general volume of bargains insured and financed by it amounts to about 49 billion Euros.