New shipping financier illimity Bank believes it is succeeding with a different approach to the sector as traditional lenders pull back.
The bank, formed in 2018 by former government minister Corrado Passera, does not focus on the type of business, but rather on the size of the company and its needs.
Enrico Fagioli, head of the lender's division focused on small and medium-size enterprises, told TradeWinds illimity was born from listening to the real requirements of Italian firms.
