Confidi Friuli, green light for the 2023 budget and the renewal of positions

24.05.2024 – 16.18 – Green light for budget 2023 of Confidi Friuli. After the separate meetings in Pordenone and Udine, the general one also unanimously approved the accounting document which highlights, among other things, the 55 million of guarantees approved, the 106.4 million of guarantees in existence, the 40.6 million of guarantees provided, the 25.5 million in net equity and a balance sheet profit of over 408 thousand euros. All data are growing, underlines the president Cristian Vida, compared to the 2022 snapshot. The comparison is in fact favorable on the approved guarantees (+43% on the 38.3 million of the previous year), on the existing guarantees (+8%) and on the net equity (+10%), but the members are also increasing (from 7,427 to 7,609, +182), the approved practices (from 833 to 886, +53) and the guarantees provided (+3.5 million on the 37.1 in 2022). Equally important is the Cost/income ratio, i.e. the ratio between operating costs and the intermediation margin, which is 81%; risk coverage on the total guarantees issued (at 71%, 10 percentage points more than 2020); The CET1 ratioan expression of capital solidity expressed as a percentage, which exceeds 28% (the minimum value required is 8%).

As for the operating resultafter the deficit of 914 thousand euros in 2022, which was almost exclusively influenced by both the financial component valued at the market and the value adjustment on tangible assets no longer instrumental, 2023 for Confidi Friuli marks in detail a profit of 408,148 euros. Numbers, observes President Vida, «which are also the effect of supporting the traditional mission of supporting local SMEs with a broader and more varied service; among other things, by supporting, together with the relevant associations, companies in finding financial sources, through digital platforms and fintech channels, without forgetting the guarantee initiative, which many companies increasingly need”.

The assembly also proceeded to renewal of positionsindicating the Board of Directors of Confidi Friuli Giovanni Da Pozzo, Anna Mareschi Danieli, Fabio Pillon, Maria Lucia Pilutti, Lucia Cristina Piu, Giorgio Sina And Cristian Vida. In a subsequent meeting of the new Board of Directors, Vida was reconfirmed president, with Pillon vice and Da Pozzo president of the Executive Committee. The board of auditors is made up of the staff Emilia Mondin, Alberto Cimolai And Stefano Montrone and by substitute teachers Christian Mazzon And Marianna Turello.
After the important conference in Pordenone last February on “de minimis” regulatory updates, guarantee funds and subsidized finance, Confidi Friuli replies with an event organized with The European House – Ambrosetti on 30 May in the Valduga Room of the Pn-Ud Chamber, an opportunity for the presentation of the budget and the professor’s report Andrea Boitaniprofessor of political economy at the Catholic University of the Sacred Heart of Milan.

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