 The bank was specialized in medium-term loan to companies, which developed into corporate and investment banking, and currently specialized in public sector, such as one of the manager of Fondo di Garanzia per le Piccole e Medie Imprese (a guarantee fund for SMEs) of the Ministry of Economic Development, and European Union's Joint European Resources for Micro to Medium Enterprises Calabria Fund.The bank lend medium-term loan from the fund to SMEs for Italian government and the European Union.Istituto Centrale per il Credito a Medio Termine a Favore delle Medie e Piccole Industrie was found in 1952 as a statutory corporation ().