11/22/2012
1.00 p.m.
Press Release
Banca Mediolanum for Central Italy.
EUR 500,000 for customers affected by the recent floods
"Banca Mediolanum has decided to allocate EUR 500,000 to donate to its customers and Family Bankers who suffered material damage from the flood last 11 and 12 November."
This according to Ennio Doris, Chairman of Banca Mediolanum, during a talk show today at the Golf Hotel Quattrotorri, in Perugia.
As additional support to its customers and Family Bankers who sustained damage as a result of the recent flood, Banca Mediolanum has also implemented the following measures:
- possibility to suspend payment of the instalments of existing mortgages and loans for one year;
- possibility to suspend payment of the instalments of existing mortgages and loans for one year;
- renegotiation of existing loans and credit lines at special conditions, equal to the Euribor + 1.50% for 2 years;
- complete elimination of all account charges for existing current accounts for 2 years, as regards the fee, credit and ATM card costs, and securities deposit costs, as well as all of the stamp duties on these instruments;
- granting of loans and credit lines at special terms, equal to the Euribor +1.50% (at the current values of 1.69%), for all those requesting them, in order to sustain the damages suffered as a result of this disaster.
"These types of measures are necessary not only from a humane point of view - continued Doris – and we hope that we can provide the populations of the provinces of Perugia and Terni, as well as Massa Carrara and Grosseto, so severely tried by this latest adversity, the same support that we gave for other similar events, such as the floods in Piedmont, Veneto, Liguria, Sicily and Tuscany, and the earthquake victims in Abruzzo and Emilia Romagna, to whom we provided the first concrete opportunity".
Perugia, 22 November 2012
