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Press Releases
22 May 2009
ABI, profits on the decline but the banking system is sound and stable
ABI’s semi-annual report as of 31 December 2008 illustrates the following results: ROE declined to 5%, a 56% drop in net profit, non-performing loans are under control at 1.4% and Italian banks are well-capitalized, with the main indicators on the rise. Full text >>
14 May 2009
CDP and ABI sign a framework agreement to fund SMEs
Today Corrado Faissola, President of ABI, and Massimo Varazzani, CEO of “Cassa Depositi e Prestiti” – CDP (Deposits and Loans Fund), signed a framework agreement, which sets out the general principles according to which the CDP will make available 8 billion euros in funding to banks to support small and medium-sized enterprises (SMEs). Full text >>
11 May 2009
Work: ABI, paying more attention to merit and costs improves HR management
Quality employment is increasing despite the ongoing crisis. At the two-day “Hr2009” ABI conference, Italian banks’ commitment to responding to the challenges brought about by the need for change at times of crisis was presented: a good human resource management helps strengthen confidence in the markets and companies. According to Mr. Zadra: “Rewarding merit is key to the banking system’s recovery and development”. Full text >>