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8 October 2009

Banks: ABI, the covered bond market makes access to credit easier for households and businesses

Third international conference on covered bonds and securitisation: more opportunities to borrow money at favorable conditions. Mr. Sabatini stated that covered bonds and  securitisation must be made more efficient in order to favor banks and customers.    Full text >>
 

7 October 2009

Supervision: ABI, the EU proposals are a significant step forward towards consolidated supervision

The Italian Banking Association favorably views the legislative proposals aimed at strengthening financial supervision at the EU level; a European systemic risk board and three regulatory authorities overseeing banks, insurance companies and the security market will be set up.   Full text >>

5 October 2009

Support to SMEs: CDP rates to banks down 15 bp

CDP (Deposits and Loans Fund) has cut the interest rates applied to loans to the banking system addressed to supporting small and medium enterprises (SME), by reducing the spreads on the 6-month by 15 basis points. The two new spread brackets are therefore 60 and 80 bp.   Full text >>

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