The issue is to find measures that allow companies to more easily manage the weight of financial debts and banks to avoid incurring significant losses in the event of costly disposals of non-performing loan portfolios..
Here then are two recent speeches held last 8 June at the hearing at the Senate Finance Committee in the context of the Deal assigned on the classification of customers by banks and on the issue of calendar provisioning:
ANCE
L’Ing. Rudy girardi, Vice President of ANCE Study Center, highlighted that "after the pandemic crisis we have experienced in the last year, a change of pace in the management of problematic loans of those economically sound companies is no longer postponed, in possession of a solid industrial design, but struggling with financial difficulties.”
Click here to download the ANCE Hearing at the Senate Finance Commission
HELP
In his speech, the ABI General Manager Giovanni Sabatini, considering the revision of the rules contained in the EBA guidelines – (ABI asks for an extension of the default threshold from the current 1% to 5%) – he has declared "It will be necessary to ensure that the measures adopted are directed towards companies that have effective resilience in order to avoid a dispersion of economic resources to the detriment of the economy, and that they must not represent an incentive not to pay the debts incurred.”
Click here to download the ABI hearing at the Senate Finance Commission
Therefore, European and national regulatory interventions are expected for solutions to relaunch the economy with the PNNR now at the gates which provides for the implementation of investments and reforms.
Alex Gaetani