Intesa Sanpaolo Donates EUR100 Million to Support Italian Healthcare System
March 20 2020 - 5:06AM
Dow Jones News
By Mauro Orru
Intesa Sanpaolo SpA said Friday that it is donating 100 million
euros ($107.9 million) to boost the Italian healthcare system as
the country grapples with the coronavirus pandemic.
The Italian bank said the donation could be used to add 2,500
new beds in the intensive-care unit, the acquisition of medical
equipment and the set up of medical facilities among other related
needs.
The announcement comes just days after Intesa said it is setting
aside EUR15 billion for Italian businesses to soften the impact of
the coronavirus pandemic.
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
March 20, 2020 04:51 ET (08:51 GMT)
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