October 23, 2014 7:23 AM ET

Diversified Financial Services

Company Overview of Cassa depositi e Prestiti S.p.A.

Company Overview

Cassa Depositi e Prestiti S.p.A. CDP) provides financing services for public-sector investments in Italy. The company offers loans to state and regional governments, local authorities, public bodies, and public-law entities. CDP also provides infrastructure financing services. Cassa Depositi e Prestiti S.p.A. was founded in 1850 and is based in Rome, Italy with additional offices in Rome and Milan, Italy.

Via Goito 4

Rome, RM 00185


Founded in 1850

25,625 Employees


39 06 42211


39 06 42 21 40 26

Key Executives for Cassa depositi e Prestiti S.p.A.

Chief Executive Officer
Age: 54
Chairman and President
Chief Financial Officer and Manager
Head of Infrastructure and Corporate Division
Age: 51
Head of Lending Department
Compensation as of Fiscal Year 2014.

Cassa depositi e Prestiti S.p.A. Key Developments

Cassa Depositi E Prestiti Receives EUR 2.1 Million Contract for Computer-Related Management Services

Cassa Depositi e Prestiti (CDP) has awarded a EUR 2.1 million (USD 2.7 million) contract for computer-related management services to a consortium formed by local firm C-Global Cedacri Global Services SpA and its unit Cedacri SpA. The final value of the deal excludes VAT, according to the contract award notice published on Saturday in the EU's Tenders Electronic Daily (TED) under document number 355639-2014. Under the deal the winners will offer services which will enable CDP to meet legal requirements of Bank of Italy for the use of computer programmes for supervisory reports.

Cassa Depositi e Prestiti SpA and China Development Bank Corporation Sign Cooperation Agreement

Cassa Depositi e Prestiti SpA and China Development Bank Corporation have signed a cooperation agreement targeting promotion of joint projects worth EUR 3 billion (USD 3.792 billion) in the first five years. Under the contract, the two entities will promote programmes and projects that reinforce cooperation between them. CDP and CDB will jointly explore opportunities in several business areas including infrastructure, direct equity investments and export financing. The agreement was signed by CDP chairman Franco Bassanini and CDB counterpart Hu Huaibang.

Cassa Depositi E Prestiti Announces Management Changes, Effective Oct. 1, 2014

Fabrizio Palermo moves to Cassa depositi e prestiti in agreement with Fincantieri, where he was vice general manager and CFO. Cassa depositi e prestiti SpA said Sept. 16 that it named Fabrizio Palermo CFO, replacing Andrea Novelli, who was appointed general manager July 30. The company also said its board appointed Palermo manager responsible for preparing corporate financial reports. Both of his appointments are effective Oct. 1.

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