Banks: CGIA, less credit to households, alarm wear in the South – Reuters Press Agency

Banks: CGIA, less credit to households, alarm wear in the South – Reuters Press Agency

In the past two years granted to households and businesses 100 billion in
 less.
 
 (ASCA) – Milan, August 23, 2014 – Over the past two years
 Banks have disbursed to households and businesses nearly $ 100 billion
 euro less. With less money available and the
 rising unemployment, the risk assumed wear size
 more and more ‘disturbing the South: especially in Campania,
 Calabria and Abruzzo. Sounding the alarm and ‘Secretary
 CGIA, Giuseppe Bortolussi: ” As a result of strong
 contraction of lending conducted by banks to households
 and businesses, C0E ‘the danger of wear, especially in the
 Noon, assume alarming proportions ” he said.
    Between the end of 2011 and the same period of 2013, is
 know the research department of the CGIA, the decrease in
 bank lending to households and businesses and ‘been
 almost 100 billion euro: namely 97.2 billion. If the
 first underwent a contraction of 9.6 billion (-1.9%),
 the latter showed a decrease of 87.6 well
 billion (-8.8%).
 (Continued)
 Red-Rar