At the end of 2016, factoring and leasing increased on the Italian financial market, as did net NPLs and deposits in the corporate segment. and growing factoring. This is what emerges from the new edition of Banca Ifis' free observatory which brings together the main data relating to the macroeconomic trend and the financial markets. Here are the key numbers contained in the study:
- Macro trends: positive economic indicators (Eurocoin and Istat) on growth expectations. In December, the Eurocoin index, which anticipates the GDP trend with a good approximation, reached its highest level since 2011 (0,59);
- Factoring: +8,79% turnover growth in November compared to the same period of the previous year and +5,3% month on month;
- Short-term funding loans to businesses down in the third quarter of 2016. Medium and long-term loans also decreased in the third quarter of 2016 with the contraction concentrated on producer households;
- The volumes of NPLs net banking net loans are up compared to the beginning of 2016 (+2%), with the incidence of net NPLs on loans flat at 4,80% for 3 months, but up 16 basis points compared to January 2016. The weight in the business sector it is close to 80% of the gross amount;
- M&A: in 2016 in Italy there was an increase in the number of transactions (+22% Vpy), but a decrease in terms of volumes (-5%). The two largest deals in 2016 were in the communications and automotive sectors;
- Leasing: the first 11 months of 2016 saw the leasing market driven by the license plate, with a significant contribution from the "rental company" customer. The instrumental segment also showed sustained growth thanks to the recovery in investments, supported by tax incentives and public initiatives;
- Retail collection: in September 2016 the amount of deposits is growing, especially in the business segment. The collection rates offered by banks are decreasing both on current accounts and on term deposits.
In addition to the data referring to the various credit markets in Italy, this month the Market Watch also reports a brief insight into the 2017 Budget Law as support for investments and SMEs.
