Banks for growth
Priority in Europe for the 2019-2024
This was the title of the Paper / Proposal for the launch of the new European legislature 2019-2024 signed ABI (Italian Banking Association) that right in 2019 he made his first ones 100 years.
So we read in the premise ai 10 bullet points on the role of banks: "Banks are an integral part of the process of relaunching the Italian and European economy alongside the institutions, businesses and families and carry out every day with moral rigor, I commit, professionalism and responsibility the driving force in favor of economic development. "
While al 5Point it is read: “Banks are side by side with families and businesses every day and must be committed, with awareness and ethical rigor, in a profound renewal to meet the needs of a digital and interconnected economy, of global markets and a more equitable and inclusive society that guarantees rights and duties. "
Tertiary Observatory: Italian banks and territory
What happened in the meantime since in the recent focus of the Manageritalia Tertiary Observatory, a photograph of the Italian banking system, there is a clear decrease in the number of branches in the area and worse conditions of access to credit for companies in the Italian Mezzogiorno?
Here 3 key numbers on the spread of bank branches in Beautiful country, extracts from Report downloadable here:
- Bank branches have gone by 23.481 end 2020 ai 21.650 a fine 2021;
- Are 4.902 the municipalities of the Peninsula that do not even have a bank branch within their borders;
- In the South we have passed by 30 branches per 100.000 inhabitants of the 2015 just 23 branches in 2021.
While with regard to the cost of credit, precisely where greater support would be needed for families and businesses (in the South and in the islands) “are observed average liquidity financing costs higher than 2% compared to the North and a lower availability of credit in relation to employment“.
Alex Gaetani