(Finance) – The confirmation of the need for favor the supply of credit in a phase of great uncertainty in the economy, but politics also urges a better use of credit and the need to maintain one human vision in the bank-customer relationship. This is what emerged during the webinar “Let’s get credit: local banks to accompany businesses and families out of the storm”, promoted by National pension fund for accountants and accountantschaired by Luigi Pagliuca.
“Bio-variety in the banking world is fundamental. This diversity must be encouraged to test the models of local credit institutions on a larger scale, freeing them from bureaucratic snares, putting an end to the ongoing cultural battle over proportionality and adequacy standards, “he says Sergio Gatti, general manager of Federcasse, adding “it is not true that the local bank is synonymous with riskiness. The best selection of credit that these institutions are able to make must not be disheartened by models that homologate everything”. Gatti recalled that in the period from March 2020 to February 2022 the total credit disbursed to businesses, agricultural supply chains and households recorded a plus 22% and the balance of capitalization was also positive, which increased from 18.8 to 21.5%.
Deputy FI commented on the lack of homogeneity in access to credit Luigi Casciello underlining “we need to pursue a different cultural approach when it comes to finance and the banking world. We need to understand how much of this credit growth has also affected the South” and we also need to “surgically intervene where there is more need” for example on professionals and VAT numbers.
According to Catello Vitiello, Parliamentary IV, “it is necessary to combine credit to businesses with the principles of sustainability and development. The era of rainfalls is over and many would do well to realize it. The road to take is that of accompanying companies in the transition ecological, reconverting the country’s industrial fabric “. “The only good credit – he added – is the one that is repaid. The credit must have a value on the future of the investment that one is about to make. One thing is to ask for liquidity to relaunch development and employment, another thing is to do facing debts with suppliers. The State, through its resources, must encourage entry into the working world by worrying about investing in human capital. This is a healthy debt “.
The point of view of the professionals was illustrated by Claudio Cavalloaccountant and auditor of theOdcec of Cuneo, stating “When we talk about local banks, the reference to the role they play is immediate. The advantage of local banks is that of a widespread presence with a precise knowledge of customers. The topic of credit cannot be delegated to simple algorithms, we cannot find it not at all appropriate. All the statistics show that the cooperative credit banks have on average issued the most credit, recording less bad debts “.
Paolo Longoni, director of the CNPR, concluded “one of the great problems in the banking sector is the complete depersonalization in the relationship between customer and credit institution. The concentration of credit is now limited to a few banking institutions “.” The bank is ceasing to be an interlocutor for users – he underlined – assuming the appearance of a ‘machine’ into which data and statistics are inserted. Against this vision, local banks represent the hope for their ability to communicate with customers and understand the real needs of the area. In credit assessments, the ‘human rating’ must be highlighted, which can not only concern the package of guarantees but also the credibility of the person requesting it. Cages and supervisory regulations do the rest. Sometimes you die of rules and it would be appropriate to simplify the supervisory functions for the fulfillment of the many existing regulations “.