Banco di Desio to acquire Dynamica Retail.

Banco di Desio e della Brianza, a banking and financial services company, agreed to acquire Dynamica Retail, an Italian financial company specializing in providing personal loans and financial services. Financial terms were not disclosed. “We are extremely satisfied with the closing of this transaction, which helps to greatly strengthen our Group's presence in the sector, consolidating the excellent work already done by Fides employees. We are happy to welcome Dynamica employees to our group and look forward to working together with Dynamica management in pursuing planned synergies and developments. We are delighted with the partnership with Renato Amato, who we'd like to thank for sharing the desire for this transaction,” Alessandro Decio, Banco di Desio CEO.