«We are very worried about the umpteenth decline in loans to families and even more so to businesses recorded by the latest report from the Bank of Italy». This was stated by Giovanni Napol, president of Canova, the consortium promoted by the territorial CNA of Treviso.
«The decrease in loans to families of 1.2% will have further consequences on consumption while the heavy decrease in loans to businesses (-3.4%) is destined to have a notable impact on investments and will have a knock-on effect on employment and stability. of the Italian economy – continues Napol -. As we know from our daily discussions with artisans and small entrepreneurs, they are the ones who suffer from this situation in particular, as they are more dependent on bank credit for financing than medium-large businesses.” In the aftermath of the European Central Bank’s reversal in interest rates, CNA asks the credit system to avoid the tightening that risks suffocating much of the territory’s productive fabric.
«At the same time – Napol adds and concludes – it is necessary for the banks to immediately reflect the ECB’s decision on the conditions applied to their customers, without wasting any more precious time for the relaunch of our production system».
