Index. The Company. Expansion process. Opportunities created by Basilea 2. Operability: the way we approach. Our services
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1 Company Profile 1
2 Index The Company Expansion process Opportunities created by Basilea 2 Operability: the way we approach Our services Existing conventions and new ones in activation phases 2
3 The Company (1/2) Consorzio Impresa Italiana Fidi is a collective loan guarantee institute, founded upon mutual principles and with no-profits intents, its purpose is to help associated companies, of small and medium market, in developing their productivity and financial activities, through the release of warranty performances. Consorzio, thanks to the support of its experts, supports the companies analysing their credits needing (short terms credit, middle terms credit and long terms credit) submitting them the better solutions for their company development and, through its own warranties, helps its associated in increasing their quality and credit capacities. Our structure s simplicity, allows Consorzio to act quickly in order to meet the needs of businesses as soon as possible, as to satisfy the needing of the associated companies. Consorzio Impresa Italiana Fidi con offer to its associated a lot of operations through which they might satisfy their financial needing, like investment loans, new engagements, capital increases, liquid assets, restructuring of business liabilities, adjustments for working safety standards, quality systems certifications, advanced credit lines for export, advanced credit lines for guarantees issues, advanced credit lines for portfolio s disinvestments, etc.. 3
4 The Company (2/2) Consorzio offers to his associated: - expansion of credit capacity; - reducing of money cost; - conditions transparency and certainty; - financial advice and guidance; Banks usually outline the rating models based on statistical performance modules. Consorzio, instead, may deliver a precious parameter thanks to the knowledge of the company, allowing more efficient feedback about the financial sustainability of the investment, further being able to evaluate the prospects of territorial and sectorial development and to obtain a set of information about the company and its reputation, pursuant to the trust relationship which usually is established between Consorzio and the Associated. Consorzio performs, therefore, a bridging function between companies and bank intermediaries, realizing for the same a series of advantages: - improvement of evaluation of creditworthiness of the company; - reduction Of financial risk; - find out of selected customers; 4
5 The expansion s project The purpose of Consorzio Impresa Italiana Fidi is to grow over the next few years both in terms of number of associates and volumes managed, thereby consolidating the present institutional activities of guarantees issuing. Consorzio has begun an expansion s process of its activities through several initiatives, such as: - accreditation of Consorzio with primary banks(signing of agreements); - expansion of the range of services offered designed to increase the number of members; - expansion of activities at the territorial level through possible cooperation/ partnerships with other business operators(private and public). This expansion s process and consolidation of the activities of Consorzio Impresa Italiana Fidi, will lead to the conversion of Consorzio in a Guarantee Bank. 5
6 Opportunities created by Basilea 2 With the rules application introduced with Basilea 2, the reliability of financial companies is measured with a Rating, which expresses the creditworthiness of the subject requesting a loan to the banking system. The examined factors considered for determining the Rating are Quantitative factors Information found in economic and financial budgets Qualitative factors Information deducible from the analysis of the economic and financial projections of the company, the investment plan, market positioning the organizational structure, the kind of governance Performance factors Information deducible from the Central Credit Register and from previous reports with the reference banks Needing for small and medium enterprises to consult an Advisor able to transfer to the Company the economic-financial capacity to forecasting, control and management of the development plans, now almost missing in Italian PMI 6
7 Operating methods: the way we approach When Consorzio is involved Authorized Banks Associated Companies Provide associated enterprises with a forecasting economicfinancial capacity, of control and management of the investment/development plans Driving associated enterprises in the research of the better credit institution for the characteristics of the company and in the identification of the more adequate loan, actively participating in the "negotiating" phase with the Bank. Provide guarantees in favor of authorized banks, in the interests of our associated Companies. Support Companies through the best use of funds The approach of Consorzio Impresa Italiana Fidi is to guarantee complete support to its associates, providing them the support not only during the process of disbursement of the loan, but also step by step in stages upstream, assessment of financial need and downstream of betterl use of the disbursed funds. 7
8 Our services Consorzio issues guarantees for the benefit of Inland Revenue for the installment payment of the amounts due as taxesasaresultof judicial conciliation settlement. Distribution of electronic money services and payment instruments: BANK ACCOUNTS PREPAID CARDS Consorzio intervenes to improve the assessment of the creditworthiness of the associated company and reduce the financial risk through specialized advice and assistance services in selecting the best financial choices. 8
9 Guarantees Guarantees on credit, loans, financial leasing disbursed by financial intermediaries Purpose: Guarantees issued for coverage of funding granted to companies by banks, leasing companies and / or factoring, with the purpose of mitigate the risk to permit the use of better economic conditions. The guarantees may be utilized to cover: - openings of short-term credit(credit for cash, receivables discounting, export advances, financing on imports,etc.).; - medium/long-termloansevenformortgagethanforunsecured(deliveringofordinaryloansand/or concessional loans for the purchase of tangible or intangible fixed assets, loans needs for liquidity, equityloans,etc.).; - leasing transactions(instrumental and/ or real estate) or to factoring. Who can ask Guarantees: juridical Companies, individual companies. Beneficiaries: Banks, leasing companies, factoring companies. Endurance: Short(<18 months). Middle/long term(= o >18 months) 9
10 Credit Card 10
11 The project Distribution of electronic money services and payment instruments: BANK ACCOUNTS PREPAID CARDS GATEWAY POS Market The Opportunity Potential Marketplace Lower overall costs Increased customer satisfaction with more assembled services Ethical Communities Retail Business Point of sale 11
12 PRODUCTS WHOLESALES ACCOUNTS Family account Business account Prepaid Master Class Cards GateWay services for receipt and payment P.O.S. Point of Sale & Acquiring TLC 12
13 ACCOUNTS ONLINE ACCOUNT: with all functions of a traditional current account, but without the associated costs. It does not provide interests even costs for duties and for the extinguishing. IS FOR EVERYBODY: even for underage, for foreign citizens, for parents who want to equip their children with a secure payment instrument that can be easily monitored. IT CAN BE USED FOR MANAGING YOUR FINANCES: for the accreditation of salaries, to pay the rent, for cashing sales from owned customers. IS SECURE: you can check your balance and at any time both on the Internet and on mobile phone. Each transaction is notified by SMS or . IT'S INNOVATIVE: you can transfer money from your account to another card / account MMT in real time. Retail Plus Account Maximum balance ,00 - Unlimited attestation - Free duties - Internet Banking 0 - Phone Banking 0 - More than one card activable Business Account Maximum balance ,00 - Unlimited attestation - Free duties - Internet Banking 0 - Phone Banking 0 - More than one card activable - GateWay Family Account Business Account 13
14 CREDIT CARD Nominative Card Maximum balance *Light Card Maximum balance * Prepaid Card The Prepaid MasterCard Card is combined with your network accounts. IS FOR EVERYBODY: even for minors and people that arenotholderofabankaccount. IT CAN BE USED ANYWHERE: to pay in Italy and abroad,oninternetandtowithdrawcashtoatm. IS CONVENIENT: no costs expected for charging and is enriched of Internet banking and Phone banking services. ISSECURE:youcancheckyourbalanceandatanytime on the Internet and with mobile, every transaction is notified by SMS or . In event of lost or stolen it can be immediately block. IS INNOVATIVE: you can transfer money from one card to another in real time with both the phone and the Internet. IS PRACTICAL: for travelers and for those who want to offer their children spending autonomy without sacrificing security. * LIGHT: Card activation without signing of the contract and customer recognition. 14
15 INTERNET BANKING 15
16 Customers Luxury Channel SURNAME NAME MORE NEEDED INFORMATIONS 16
17 Advisory services Consorzio Impresa Italiana Fidi assists associated Companies in the identification and the retrieval of the best sources of funding; supporting its associates in the phases of: Start up Investment plans Restructuring of debt Support the initial stage of startup up through the drafting of the Business Plan and support the entrepreneur within the definition of the financial needs for initiating the project. Support of investment projects through the analysis of the economic / financial and commercial feasibility of the investment plan. Support for debt restructuring through the development of a restructuring plan aimed at rebalancing the"financial structure" of the company. Economic recovery plans Supporttotherecoveryplanofthecompanythroughthedraftingofabusinessplan. Overseas investments Special Actions Due Diligence Coaching of the Companies in the evaluation of the technical-economic plan investment abroad and within the definition of an operational plan of implementation. Promotion of special events through the creation of an "ATM Enterprise" to support investment projects in specific sectors / areas (ex. Renewable energy, women business, etc.). Support in due-diligence analysis aimed at the overall evaluation of investment opportunities (real estate investments, corporate, etc.) 17
18 Guarantees issued to Tax Authorities Guarantees required by law for VAT refunds and payments by installments following a tax settlement and judicial conciliation settlement or for the delay of the amounts entered in the register can be issued by the subjects enrolled in the lists provided by the Consolidated Law on Banking. Essentially, the rule extends to trust the possibility of granting a guarantee for the payment in installments of the amounts due as taxes as a result of judicial conciliation settlement. 18
19 Existing conventions and new ones in activation phases Consorzio Imprese Italiana Fidi has signed agreements with the major banks allowing the associates to benefit, in the credit market, of the specific services at favorable conditions. 19
20 Registered Office: Piazza Erculea, Milan Tel: / General Direction: Corso Vittorio Emanuele II, Turin Phone: / Fax: / / pec: web: Banca d Italia registration in Guarantee Consortia section n REA registration MI Fiscal Code and VAT number
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