(ANSA) – ROME, NOVEMBER 03 – “The new model of sustainable development does not need a one-size-fits-all bank, but banking biodiversity: the role of publicly-funded institutions must therefore be strengthened and, at the same time, the model must be supported Both – he concluded – are essential for the implementation of the NRP to benefit even the SMEs and the most disadvantaged areas of the country “”. This was stated by the secretary general of the First CISL Riccardo Colombani in his speech at the conference ‘Fundamental public banks to achieve the objectives of the PNRR ‘.
Colombani recalled how “the pandemic crisis has demonstrated the importance of public banks for the Italian economy. Over 200 billion of loans have reached SMEs thanks to the guarantee fund managed by Mediocredito Centrale. Already for the previous financial crisis, the State has he was busy with the purchases of NPLs through Amco and with the increasing use of GACs in the securitisations of non-performing loans. “.
For the trade unionist “it is desirable that the state does not transform itself from a guarantor to a liquidator but to act as an activator of growth. An opportunity is offered by private savings: its inflow into the real economy through investments in the risk capital of companies – he continued – it is fundamental and should be encouraged with guarantees on the invested capital “.
“The commitments made during the recent G20 show that the role of governments can be invaluable in promoting virtuous behavior. In the current configuration, focused on the universal bank and the primacy of shareholder interest, the Italian banking system may not prove to be suitable for take on the new challenges dictated by the ESG criteria “. (HANDLE).
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Source From: Ansa
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