In the last year, loans to businesses dropped by 9 billion


Although in 2021 the main Italian credit institutions recorded important profits and in some cases even billionaires, starting from November 2020 bank loans to businesses have returned to decline. This was noted by the Studies Office of the Cgia of Mestre according to which the effect of the measures implemented by the Conte government has already been exhausted. Thanks to the “Cura Italia”, the “Liquidity Decree” and the “Italian Guarantee”, between the end of February, the month preceding the advent of the pandemic, and November 2020 – the month in which the highest peak recorded in this last year and a half, or 741 billion-, bank loans gross of insolvencies had undergone a significant surge that allowed to reverse a negative trend that had lasted uninterruptedly since August 201, reads a press release from the CGIA. In the darkest period of the pandemic, gross bank loans disbursed to businesses increased by over 40 billion.

Subsequently, the flow of loans to businesses began to decline: between November last year and August 2021 (latest updated data), the flow contracted by 22 billion, bringing the total stock of loans to 732. , 2 billion. In the last year alone (August 2020 to August 2021) the reduction was € 8.9 billion. If we extend the period of observation of this phenomenon to the last 10 years, the collapse was very heavy: -267.6 billion euros.

At least in the last year it is difficult to understand the reasons for this trend – affirms the CGIA -: despite the public guarantees put in place and refinanced also for 2022, it seems to understand that following the restrictive measures on credit assessment introduced at the European level after the 2008-2009 and 2012-2013 crises, for credit institutions providing liquidity to businesses is no longer a big “deal”. If we add to this the interest rates that for years have been kept at levels close to zero and the increasingly high investigation costs, lending money, especially to micro and small businesses, is no longer convenient for many banks.

Among the most important regions of the country, Lazio is the reality that recorded the most significant contraction in percentage terms both in the last year (August 2020 to August 2021) and in the last decade (August 2011 to August 2021). In the first case, the reduction in gross bank loans to businesses fell by 6.2 billion (-7.8 percent), in the second case by 42.2 billion (-36.5 percent).

ABI: “Loans grew by 1.2% over one year in August”

With reference to today’s press release of the CGIA of Mestre, Gianfranco Torriero, deputy director general of ABI reports “that the most recent official data released by the Bank of Italy indicate that loans to businesses grew in August 2021 by 1.2 for one hundred compared to the same month of 2020 “.

“In particular – continues Torriero – to make comparable comparisons over time, it is necessary to take into account in the period considered the securitizations and other credits sold and canceled from bank balance sheets, but which remain as loans to businesses”.


Source: RSS DiariodelWeb.it Economia by www.diariodelweb.it.

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