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Intesa Sanpaolo Bank Albania:

signs a leasing agreement with Tendence 3A Sh.p.k

Tirana, 10 February 2023 - The Intesa Sanpaolo Group, through its subsidiary Intesa Sanpaolo Bank Albania has successfully signed a leasing agreement with TENDENCE 3A Sh.p.k, one of the leaders in the automotive and spare parts sector in the country.

The line of € 1.4 M will ensure the renewal of the car fleet and the first wave of 50 cars has been successfully delivered. During 2023 the renewal will be completed with the delivery of all the required vehicles.

The successful transaction was completed thanks to the efficient collaboration of Domestic Corporate & Institutional Client Department and Leasing structure of the Intesa Sanpaolo Bank Albania.

“We are always available to support the needs of our clients and offer them the best products in the market leveraging from a competitive product catalogue and successful business offers” said Olsi Kota, Head of Domestic Corporate & Institutional Client Department of the Bank.

“We actively support companies that aim at company renewal” – said Giuseppe Ferraro, head of the Corporate & SME Department of the Intesa Sanpaolo Group's International Subsidiary Banks Division “By renovating their assets, companies have the opportunity to become more competitive and increase their business.”

About Tendence 3A: With over 10 years of experience, Tendense 3A occupies an important place in the vehicle market thanks to its correctness and promotional offers. Tendence 3A has sold over 3,500 new vehicles in these 10 years, taking part in the elite of automotive companies in the country. Also, with the creation of the Tendence Multibrand company, we aim to create the right experience in the used vehicle market in the following years. Tendence 3A has the pleasure of cooperating with the largest companies in Albania and is part of one of the largest groups in the world for the production and resale of vehicles, Renault S.A.S.

About Intesa Sanpaolo: About Intesa Sanpaolo Bank Albania: Intesa Sanpaolo Bank Albania, part of the Intesa Sanpaolo Group, is a leading bank in the country offering quality banking services, financial solutions, innovative products and services to corporate, institutional and high net worth clients. , small and medium businesses and individual customers. We encourage a growth style that is attentive to sustainable results and creating a process based on trust that derives from customer and shareholder satisfaction, a sense of belonging on the part of our employees and close monitoring of the needs of communities. local. We compete in the market with a sense of fair play and are ready to cooperate with other economic entities, public and private, whenever necessary, strengthening the overall capacity for growth in the economies of the countries where we operate. Intesa Sanpaolo Bank Albania bought Veneto Bank in 2017 and now has a network of 35 branches in different cities of the country and will continue to expand strategically following closely the economic development of Albania. Trust, innovation, simplicity and consistency define our relationships with our customers and business innovation and service excellence are inspired by our customers. Official website: www.intesasanpaolobank.al

About Intesa Sanpaolo: Intesa Sanpaolo is Italy's leading banking group – serving households, businesses and the domestic economy – with a significant international presence. Intesa Sanpaolo's distinctive business model makes it a European leader in Wealth Management, Protection and Financial Advisory, with a particular focus on digital and fintech development. An efficient and resilient bank, it benefits from wholly owned businesses for product development, asset management and insurance. The Group's continued commitment to ESG principles includes providing €115 billion in lending for projects with social and environmental impact by 2025 for communities and the circular economy, and €500 million in contributions to support people most in need, positioning Intesa Sanpaolo as a world leader in terms of social impact. Intesa Sanpaolo is committed to achieving Net Zero by 2030 for its own emissions and by 2050 for its loan and investment portfolios. A committed supporter of Italian culture, the Intesa Sanpaolo Group has created its own network of museums, Galleri d'Italia, to present the bank's artistic heritage but also as a space for the development of prestigious cultural projects.

NEWS: GRUP.Intesasanpaolo.com/en/newsroom/news

Twitter: @intesasanpaolo

LinkedIn: LinkedIn.com/Company/intesa-Sanpaolo




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