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Private company

SACE

Italian export credit agency

SACE is Italy's Export credit agency, wholly-owned by the Italian Ministry of Economy and Finance (MEF), specialized in supporting Italian companies through a wide range of instruments and solutions to foster exports and innovation, including financial guarantees, factoring, risk management and protection, advisory services, and business matching initiatives. SACE has 23 offices worldwide, and supports 60,000 companies. They have a portfolio of insured transactions and guaranteed investments of approximately €270 billion across 200 markets.2 It was founded by Government of Italy.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1977Founded1
  • Industryinsurance industry1
  • HeadquartersRome1
  • Founded inRome1
  • Websitewww.sace.it
  • Legal formsocietà per azioni1
  • LEI8156009027DEC776E7363
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressPIAZZA POLI, 37/42, 00187 Roma, Italy3
  • Registered withInfocamere, 058045210023

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Sede SACE
Photo: Carlo Dani, CC BY-SA 4.0, via Wikimedia Commons5

SACE is Italy's Export credit agency, wholly-owned by the Italian Ministry of Economy and Finance (MEF), specialized in supporting Italian companies through a wide range of instruments and solutions to foster exports and innovation, including financial guarantees, factoring, risk management and protection, advisory services, and business matching initiatives.2

Corporate structure

SACE sits at the top of its group. 3 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

  • SACE Roma, Italy
    • SACE BT S.P.A. Subsidiary · Roma, Italy
    • SACE SRV - SOCIETA' A RESPONSABILITA' LIMITATA Subsidiary · Roma, Italy

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0). Each entity in the chart links to its source.

The story

Founded by Government of Italy in 1977, in Rome.1

1977 - establishment of Sezione speciale per l'Assicurazione del Credito all'Esportazione - SACE as public entity under the surveillance of the Italian Ministry of the Treasury

1990 - establishment of Società Italiana per le Imprese Miste all'Estero - SIMEST as public entity under the surveillance of the Italian Ministry of Foreign Trade

1998 - Sezione speciale per l'Assicurazione del Credito all'Esportazione - SACE was transformed into Istituto per i Servizi Assicurativi del Commercio Estero - SACE as an entity with legal personality under public law, under the supervision of the Ministry of the Treasury, Budget and Economic Planning

2004 - SACE is transformed into a joint-stock company, whose capital is wholly-owned by Ministry of Economy and Finance and enters the short-term credit insurance market

2005 - SACE enters the surety market

2010 - SACE enters the factoring market

2012 - SACE is acquired by Cassa Depositi e Prestiti

2016 - SACE and SIMEST constitute a hub for exports and internationalization with their One-door initiative

Read the full text

2017 - establishment of SACE SIMEST

2022 - In March 2022, the "SACE Decree" (Decree Law n. 23/2020) defined the reorganization of the SACE Group, under which SACE transferred its stake in SIMEST to Cassa Depositi e Prestiti and the latter transferred its 100% stake in SACE to the Ministry of Economy and Finance.

From Wikipedia’s article on SACE (company), shared under CC BY-SA 4.0.4

Products and brands

  • financial services

Listed on Wikidata.1

Subsidiaries and ownership

Parent company

  • Ministry of Economy and Finance

Owners

  • Ministry of Economy and Finance

From Wikidata.1

Timeline

  1. 1977Founded Founded in Rome1

Sources

The numbers on this page point here. Each one links to the record it came from.

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