• This partnership will support companies and small businesses with flexible and competitive solutions for the operational use of vehicles, for the management and modernization of commercial and industrial fleets.
• Under this cooperation agreement, Banco BPI will provide financing through financial leasing, while CEF will offer operational leasing solutions to IVECO customers.

BPI, CEF – CaixaBank Equipment Finance, S.A., Sociedade Unipersonal – Sucursal em Portugal and IVECO Portugal have signed a cooperation agreement with the aim of facilitating access for companies and small businesses to flexible and competitive solutions for the operational use of IVECO commercial and industrial vehicles in Portugal.

For IVECO, this partnership allows it to expand the range of financial solutions for its commercial and industrial vehicles, simplifying customers' investment decisions by providing access to business mobility models tailored to different business realities.

Leasing financing will be provided by Banco BPI, while CEF will handle the operational leasing solutions. The aim is to provide mobility solutions that ensure cost predictability and facilitate fleet renewal and modernization. This successful collaboration among the organizations will drive significant growth for financial services in the Portuguese market under the IVECO CAPITAL brand. As the captive financial services arm of the Iveco Group, IVECO CAPITAL will contribute its specialist knowledge and expertise to deliver a comprehensive range of tailor-made financial solutions.

Ana Piedade Figueiredo, Commercial Director at BPI, emphasized that “this agreement with IVECO allows BPI to strengthen its support for companies and small businesses by offering flexible financing solutions that promote more efficient fleet management. At the same time, it contributes to the modernization of business mobility and the gradual adoption of new transport technologies, such as those provided by IVECO."

Olga Asensio, Commercial Director at CEF, said that "we are convinced that this partnership will add value for IVECO's customers, offering them differentiated operational leasing solutions for the vehicles that are essential to their business. At the same time, it strengthens the CaixaBank Group's position in Portugal as a benchmark in the sector."

Hugo Santos, Finance Manager of IVECO Portugal, stated that ‘this agreement represents the beginning of a partnership that, in line with IVECO's strategy of getting closer to its customers, will offer them integrated mobility solutions, combining award-winning vehicles with flexible financial options. Our goal is to support companies in modernizing their fleets, simplifying investment, increasing predictability, and tailoring it to the real needs of each business.’

Stefano Crosina, Head of Business Development & Strategy IVECO CAPITAL, Financial Services, stated, “Portugal represents a pivotal market within our geographic expansion strategy. Together with our dedicated local teams, we have successfully identified a partner who shares our vision for growth and is fully equipped to deliver the high standard of service our customers and partners expect”.

Amato Trunfio, Country Manager Iberia IVECO CAPITAL, Financial Services, commented “Partnering with Caixa Bank allows IVECO CAPITAL to combine the strength of a leading financial institution with the expertise of a captive brand financier. The result is a robust, modern offering fully aligned with the needs of Portuguese transport operators. This agreement brings immediate value, strengthens IVECO’s competitiveness and opens new opportunities in a key market for our growth.

BPI

BPI (CaixaBank Group) focuses on commercial banking in Portugal, offering a wide range of financial services and products to corporate, institutional and private customers.

CEF - CaixaBank Equipment Finance

CEF - CaixaBank Equipment Finance is a CaixaBank Group company specialising in equipment operating leases. The entity provides equipment rental solutions - industrial, agricultural, technological and others - aimed at the business market. In Portugal, the entity operates in partnership with BPI, which ensures the development of commercial activity.

IVECO

IVECO is a brand of Iveco Group N.V. (EXM: IVG). IVECO designs, manufactures and markets a wide range of light, medium and heavy commercial vehicles, off-road trucks and vehicles suitable for any body type. It constantly innovates and extends its product portfolio to provide every customer with the vehicle that matches their mission precisely.

IVECO’s full-line offer is designed around the Driver’s needs to ensure an excellent experience with a focus on safety and comfort. A wide range of advanced digital, connectivity-enabled services developed to help fleet owners run their fleet efficiently enhance IVECO’s complete transport solution.

IVECO pursues its decarbonisation strategy through a multi-energy approach that includes the further development of diesel and HVO, natural gas and bio-methane, battery electric and hydrogen technologies.

It has established a global presence with a manufacturing footprint that includes 7 production sites and 8 Research and Development Centres. 3,300 sales and service outlets in over 160 countries guarantee technical support wherever an IVECO vehicle is at work.

Guided by its ‘Spirito in Movimento’, IVECO transforming the transport industry driven by groundbreaking advancements in technology, sustainability, and design, with the ambition to be the most reliable partner and premium, full-line player for its customers.

IVECO CAPITAL

IVECO CAPITAL is the financial services brand of Iveco Group, offering a comprehensive range of financing, rental and leasing solutions for commercial vehicles, industrial vehicles and buses. Customers can tailor their financial package by combining financing, insurance and value added services such as mobility service cards, maintenance and repair through ELEMENTS, uptime monitoring and the full suite of digital services available via IVECO ON.

With decades of experience supporting the transport sector, IVECO CAPITAL is a reliable partner for customers worldwide, providing easy access to a dynamic and innovative ecosystem of financial solutions designed to meet the evolving needs of modern fleets.

Learn more at www.ivecocapital.com.