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Support measures in Veneto

Wednesday 26 Aug 2020

UniCredit has launched a package of extraordinary support for families and businesses impacted by bad weather in the provinces of Belluno, Padua, Verona and Vicenza

Bad weather in the Venetian provinces of Belluno, Padua, Verona and Vicenza has causing considerable damage to property and commercial activities in the area. In response, UniCredit has launched a package of extraordinary measures to support those affected.

The bank will provide a 12-month moratorium on mortgage and loan instalments for companies headquartered in areas affected by bad weather and for all private customers holding resident mortgages in the municipalities that have been damaged by the event.

UniCredit is also offering a ‘Support Loan’ with a subsidised rate for private customers residing in affected municipalities who have suffered damage and a ‘new business credit package’ for corporate customers affected by the event.