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Title: iSwiss Bank takes a new step forward in securitisation: ISIN request for tax credits in the Italian market

London, United Kingdom, 21st Nov 2023 - That the iSwiss banking group is a leader in the fast-growing securitisation sector is by now a certainty among those in the financial world: but yet another project that is about to come to fruition is truly an important step, both for the market and for the financial group.In fact, only a few days ago, the financial group's bodies announced that they were requesting an ISIN code for securities resulting from the securitisation of tax credits collected on the Italian market. An important operation, because this large mass of credits, which risked blocking the liquidity of large and small companies for a long time, derives from applying certain state incentives, known as 'Super Bonus 110%' and 'Bonus Facciate'. This is an important step, because it is the first transaction of this kind in which a special purpose vehicle, registered in the Bank of Italy's dedicated register, has no roots in the banking sector. A first that could represent a milestone in the world of securitisation, kicking off a series of transactions with new players, opening up an important sector in the credit landscape. But it comes as no surprise that it is iSwiss Bank itself that is proposing such a major innovation. As the group's CEO, Christopher Aleo, who was awarded the prestigious Forbes magazine's Innovator of the Year in Finance for 2022, explains: "This is a project in which the entire group has believed from the beginning and which has been developed in every detail. The choice of tax credits from the 110% Super Bonus and Bonus Facades is important because in the role of guarantor is the Italian state. And this situation gives a further important guarantee to investors, who will have access to an innovative instrument that is bound to...

This press release is issued by King Newswire