The survey: for Italian industrial and service companies with at least 50 employees, assessments of the general economic situation and expectations on operating conditions remain overall unfavorable
“What has happened recently confirms the need to take further steps forward.” The speech by Luigi Federico Signorini, general director of the Bank of Italy and president of Ivass, speaking at the Credit Day
From 2016 to 2023 the amount of financing increased from 107 to 154 billion euros. A quarter of Italians' debts serve to fuel consumption. In the North the greatest increase. Not even the increase in interest rates slows down its use. Colombani:…
The consumer credit institution of the Mediobanca Group has acquired 100% of HeidiPay Switzerland AG, a fast-growing Swiss financial company specializing in Buy Now Pay Later (BNPL). With this operation, Compass enters the credit sector as a player…
The high energy price, inflation and the effects of the war in Ukraine weigh and hold back economic activity in every division: the most penalized sectors are those with high energy intensity. The gap between North and South remains wide. The ratio of…
"I will not enter the government but I will continue to lend a hand to the country by leading Intesa Sanpaolo" says the CEO Carlo Messina: within the year 70 billion of loans disbursed by the bank
The government turns off the taps but opens up the possibility of widening the credit transfer chain by cutting out only natural persons. Here are the latest news
A boom in loan requests from artisans is on the way, but the demand for credit for investments will be the first reason for borrowing
The list of European intermediaries operating in real estate credit to consumers who carry out activities in Italy, even without a branch, is operational on the Oam institutional website
The decision of the Body Agents in Financial Activities and Credit Brokers (Oam) is aimed at encouraging the entry of young people into the profession of financial intermediaries
The 53rd edition can also be followed on YouTube and includes a round table coordinated by Professor Marcello Messori after the initial report by the Deputy General Manager of the Bank of Italy, Federico Signorini
According to Via Nazionale, state guarantees and regulatory flexibility effectively supported business credit during the most difficult months of the pandemic
The main protagonists of the world of credit and finance will discuss the major issues and challenges awaiting banks in the light of technological innovation, the process of merging institutions and the post-Covid economic recovery. An initiative promoted…
The new agreement between CDP and Confcommercio aims to support companies in the tertiary market in six areas: credit support, loans and guarantee lines, promotion of commercial activities in social housing and urban regeneration
The new issue of OAMagazine 2021, the quarterly newsletter of the OAM, is out. A guide to the activities of financial agents and credit brokers to offer everyone the opportunity to work better with those who access credit
In the fintech world, the so-called Alternative Data, i.e. the data that emerges, for example, from customer feedback on social media, and on which more and more banks perfect their creditworthiness score, are acquiring more and more value. Interview with the CEO of…
The new reality, created on the initiative of CEO Filippo Cortesi and controlled by two British funds, already has 15.000 customers and has disbursed (in Italy alone) 300 million euros in loans to businesses.
The loan was disbursed by Cassa Depositi e Prestiti and Mediocredito Centrale - Banca Finint acted as arranger
A research by Affide and BVA Doxa quantified the damage suffered by families due to the emergency: 16% lost their jobs or closed their businesses, 25% lost up to 5.000 euros of assets. Credit rises in preferences…
The Bank will guarantee lines of credit to the Cuneo group's supplier companies of handling and lifting systems - Around 500 companies and 130 resellers throughout the country will benefit from it
The project provides for a ceiling of 50 million euros and is based on the indirect factoring tool, which allows trade receivables to be sold to obtain liquidity
Ismea grants credits for 30 million with the agricultural bill. The EU revises the rules for the storage of some products. Appeal of agricultural organizations to the government.
200 billion is on the way for companies operating on the domestic market and the same for those that export - The money will be used to guarantee bank loans of up to 5 million and with a maturity of up to 6 years - Here...
INTERVIEW WITH MATTIA CIPRIAN, founder of Modefinance, the first Fintech rating agency in Europe. New rating attribution models and artificial intelligence-related technology can become a new promised land for liquidity-chasing SMEs.
Could good operational risk management become an opportunity to stand out on the credit market? This is what the English magazine The Banker maintains, but in Italy credit risk is standardised. However, the theme can become current, provided that…
The Emilian group presented in Milan the new financial intermediation company that will deal with mortgages but above all with personal loans and salary-backed loans - Objective: one billion loans a year by 2022.
At the 51st Credit Day, the Deputy General Manager of Via Nazionale, Alessandra Perrazzelli, warns of some risks that the digital revolution in banks brings with it - IVASS adds: too broad an offer risks overwhelming consumers
After four years of growth, the demand for business loans decreases slightly, with the exception of the North East - The share of loans destined for productive investments decreases
INTERVIEW WITH NAZZARENO GREGORI, General Manager of Credem - "Our strategy is based on growth along internal lines" but "we will also evaluate growth opportunities along external lines consistent with our business model" - The import of wealth management…
Signed two agreements aimed at supporting entrepreneurship in southern Italy with two fundamental objectives: to support access to credit for companies and to enhance the strengths of the southern economic fabric.
The agreement provides for a simplification of the loan preliminary procedure through an integration of the operational processes of the Bank and Confidi
The bank presented data and projects in Milan on its strategy to support small and medium-sized enterprises: "The goal is to help development and internationalization, also through consultancy and training", explains the head of Banca dei Territorio Stefano…
The director general of the Bank of Italy analyzes the Italian impasse on the occasion of Credit Day. "Relaunching development is not easy, character traits and political choices need to be changed in depth" Three nodes on which to intervene: education, competitive capacity and the system…
According to the trade associations Assifact, Assilea and Assofin, new disbursements exceeded 338 billion euro last year: however, the trend is slowing down compared to 2016, when growth had been double-digit
In the third quarter, the transaction will have a positive impact of over 100 million euros on Unicredit's income statement and almost 4 basis points on the group's CET1 ratio - Despite this, the Bank's stock market…
In presenting the report on the economy of Campania, the deputy director of the Bank of Italy, Fabio Panetta highlighted that the South, despite having suffered the crisis more than the rest of the country, is now finally showing signs of recovery
The loan will be able to cover the entire investment, up to a maximum amount of 12,5 million euros for each project - Here's what the funds can be used for
NPLs account for 45% of the amounts managed by companies with a value of around 32 billion euros. The role of the PA is growing, in terms of practices (from 1,7% in 2016 to 3,6% in 2017) and in amounts entrusted (2,3…
The Bologna-based multiutility has activated a 200 million euro credit line with four banks which provides for a reward mechanism linked to the achievement of specific environmental, social and governance objectives
Thanks to this agreement, Banco Bpm will be able to grant members of the Cassa Forense subsidized loans aimed at supporting the development of the professional activity.
FOCUS BNL - The improvement in the labor market and income growth have given new impetus to individual consumption, which has recovered what it had lost during the crisis and is the main engine of economic growth in the Eurozone - The expansion…
The Banco Bpm group company, founded in 2016, closed 2017 with positive results in terms of profit and volume of loans disbursed. "We will continue to focus our activity on developing the distribution network", declared the new…
Funding concentrated in the North West. Approximately 25% of loans went to consumer households, while 60% was absorbed by businesses. Popolare di Sondrio and Bari the two best local banks in 2017
The energy group has obtained a 10 billion revolving credit line, expiring in 2022 - Investment of 355 million dollars for a new photovoltaic plant in Brazil, while for the first time Enel wins a contract…
The consideration is equal to 141 million euro - In 2018 the transaction will have a positive impact of around 100 million on Unicredit's consolidated income statement and almost 4 basis points on the group's Cet1 ratio.
According to data from the PrestitiOnline.it Observatory (attached in PDF), most of the loans are disbursed to the age group between 36 and 45 years, with an average income between 20 and 30 thousand euros - Here are the…
The 70 million euros per year foreseen have been released - For the next three years they will be used for low-interest loans and guarantees on local energy efficiency projects.
Over the last few months, cooperative banks' current accounts have grown by more than 9% on an annual basis, while loans to businesses and households exceed the average for the Italian banking system
The bank and the Association of Industrialists accompany Lombard companies in the investment path with a view to digital transformation.
The reduction of over 700 European banks in 10 years of the Great Crisis may seem like good news at first sight but it is not at all because it was mainly the small banks that disappeared but those that tend to…
The update of the Revenue Agency in collaboration with the MiSE provides for the concession of an additional year for investments and the opening up to resident companies that carry out activities on behalf of non-resident clients.
Filing of the merger deed between TerFinance SpA and CrediTer, formerly Credito Salernitano - A new national reality is born, specialized in household credit through salary-backed loans and online deposits on the retail market.
REPORT BY CENTRO STUDI CONFINDUSTRIA - Relieving bank balance sheets from non-performing loans is vital for restarting credit and the EU finance ministers meeting on 7 and 8 April in Malta is an opportunity to identify solutions.
The reference commercial interest rates applicable to and including 14 March 2017 have been published on the MiSE website.
The reference commercial interest rates applicable to and including 14 February 2017 have been published on the MiSE website.
The reference commercial interest rates applicable to 14 January 2017 included have been published on the MiSE website.
Finance, sectors and businesses: the country's credit dynamics in a single analysis tool, published free of charge by the Veneto bank, which brings together the main data relating to businesses.
Operators estimate a closing of 2016 at +5,58% - Growth forecasts also for 2017
The reference commercial interest rates applicable to 14 December 2016 included have been published on the MiSE website.
The update of the subsidized loans for internationalization has been published on the website of the Ministry of Economic Development: the subsidized rate goes from 15% to 10% of the EU reference rate and times and operating methods are simplified.
The reference commercial interest rates applicable to and including 14 November 2016 have been published on the MiSE website.
The reference commercial interest rates applicable to 14 October 2016 included have been published on the MiSE website.
Milan finds the strength to regain the 17.000 points below which it had been since 16 August - Unicredit shines, chased by Intesa, in cash Bpop, Popolare Milano and Bper - In Europe there are rumors of a merger between Deutsche Bank and…
Despite the noble intentions of the supervisory authorities, stress tests generate uncertainty and volatility on the market rather than promote trust in banks and serve above all speculators - The question of the asymmetric treatment of the risks of…
The reference commercial interest rates applicable from 15 July to 14 August 2016 have been published on the MiSE website.
The Premier from the headquarters of the Italian Representation at the United Nations in New York announces a "further measure to stimulate credit, give greater solidity to the banking system and guarantee more credit to businesses".
Presented the research of the Torino Finanza Committee carried out in collaboration with ESCP Europe and the Department of Management of the University of Turin - The situation of access to credit from the point of view of credit guarantee institutions.
Being examined by the Body for the management of credit brokers, it is also studying the possibility of publishing the names of unauthorized subjects, whose abusive exercise of the profession has been highlighted - At the end of last year there were 8.370 registered subjects…
The storm of recent days has highlighted the fragility of Italian banks and the riskiness of credit - A road map is needed to indicate the path of an industrial reconfiguration of the banking system - The importance of funds…
Monte dei Paschi rules out a new capital increase and is looking for a specialized partner to sell the non-performing loans on the market with the guarantee of the State: it has already sold 2 billion and wants to pour another 3,5 billion on the market…
Anyone over the age of 60 who owns a house can ask a bank for immediate credit for an amount equal to a percentage of the value of the property - Abi: interest rates will be between 2 and 6-7% - …
Subordinated bonds for 2016 billion will expire in 4,63 but after the Etruria scandal it will be difficult for banks to sell them to savers even if they inform them in detail of the risk - The cost of funding will rise unavoidably but giving up subordinated bonds can…
The sale of two portfolios is part of UniCredit's current commitment aimed at the disposal of non-performing loans and the development of the Italian secondary market for NPLs
Confagricoltura will help farms to prepare the necessary material for the Bank to evaluate the loan
The resources will be used to refinance debt to FCA, repay other debts and for other corporate needs - The operation represents a further step towards the separation of Ferrari from the FCA group.
The GDP is growing, the forecasts for 2016 and 2017 are better than the forecasts for 2015. In particular, investments will weigh positively. Qualitative data on business and consumer confidence and quantitative data on the labor market are improving.…
Survey by Assifact, Assilea and Assofin - In 2014, specialized credit covered 19,1% of the total loans of the banking and financial system, with flows exceeding 15% of GDP - The impact on business investments and…
The measures put in place by the ECB do not make credit to businesses and households take off - Zero growth in April while in March the percentage change compared to the same month in 2014 was 0,1
Starting today, interested companies can apply online to book "the resources necessary for the granting of the guarantee by the Fund in relation to microcredit financing".
The secretary general of First Cisl Giulio Romani underlines how the time is ripe to "experiment forms of sharing the governance of processes and corporate governance" and on the negotiation on the renewal of the banking contract he explains that the majority…
The bank decree, together with the reform of the Popolari, introduces an important novelty in relation to the portability of current accounts - It will now be possible to move the current account from one bank to another in 2 weeks and at no cost - The…
From the Atradius analysis, the performance of the German market has improved in recent years and the outlook for 2015 is positive. However, the insolvency rate is still too high than in other sectors.
Another amendment approved by the Industry and Territory commissions of the Senate provides for a stop to tax assessments and payments until "December 20, 2015" to help hauliers and small businesses that have credits with Ilva.
The manager also underlined that Unicredit is not interested "in acquisitions in Italy", preferring to remain "focused on internal growth".
Assonime is presenting today at Bocconi a Green Paper on long-term investments and the mechanisms that have blocked the growth of European companies, which are too under-capitalised, too reluctant to list on the stock exchange and too dependent on bank credit -…
Banca Ifis' 2014 financial results are clearly against the tide of the general scenario: support for businesses and households is growing (+13,1%) but non-performing loans are down - Bossi: "An excellent year of vigorous growth" - Pay out online …
The new fund created by CO.MO.I., an independent private group, will invest in bonds issued by the banks of importing countries to make Made in Italy more aggressive on a financial level and therefore more competitive abroad.
The Rocca Salimbeni institute should maintain the management of large problem loans. Last year MPS sold almost one billion euro of non-performing positions
INTERVIEW WITH DARIO FOCARELLI, general manager of Ania - "Insurance companies can give great support to the real economy by directly financing companies that find less credit in the banking system: it is a new opportunity for both insurance companies and…
Banks must recover profitability through better credit disbursement and cost cutting - Munari (University of Parma): "In the assessment, start from the needs of companies, not from the risk" - The results of the research presented at the…
For 715 million, these are three tranches of class A, while the other 585 are of an unrated tranche and repurchased by the issuer - The securitization then includes the junior tranche B of 585 million, without rating, subscribed…
Wall Street closed steady last night, but markets in Asia became concerned – the fear resurfaces regularly – about the Chinese slowdown, fearing it could herald a hard landing.
A good understanding of local payment practices is essential to avoid miscalculations that could lead to serious cash flow problems for the supplier. The greatest difficulties in Mexico.
In the short term, the quality of the loan portfolio of credit institutions will record a further deterioration, with loans to the private sector decreasing due to the lower foreign currency component for businesses and households.
The European Central Bank, in addition to cutting rates, has also given the green light to a program of purchases of securities securitized by bank loans - But Draghi warns: "There is no monetary or fiscal stimulus that can give…
ECB SURVEY - Between April and June, euro area banks signaled a net easing of credit standards applied to loans to both businesses and households, even though credit standards remain…
Three financial scenarios are foreseen towards the end of the year: the escalation of the Ukrainian conflict will continue to weigh on European growth; an increase in lending to European companies possible towards the end of the year; lower raw material prices than…
Limited progress on reforms, growth and debt make Italy vulnerable should the crisis return. However, companies prove to be proactive, adopting credit risk management tools.
The joint statistics of Assifact, Assilea and Assofin shed light on the recent dynamics and on the importance that the sector covers in the economic panorama with respect to the main macroeconomic indicators: in fact, specialized credit covers around 19% of outstanding loans of…
According to the CEO, "the trend is generally positive, but the improvement of Unicredit is impressive. Especially in Italy, which has already returned to being one of the great engines driving the growth of our group. Suffice it to say that in recent months the…
