To ask for it with great force is the CGIA that for almost a year has been demanding the modification. In fact, since the beginning of this year, credit institutions have been obliged to apply the new European rules on the definition of default. In other words, banks, for example, define a small business owner as defaulting with a failure to return for more than 90 days, the amount of which is greater than both € 100 and 1 per cent of the total exposures to the banking group.
If both thresholds are exceeded, the report can be triggered at the Central Risks of the Bank of Italy which, automatically, classifies the entrepreneur as a bad payer, thus preventing him from having the help of any financial institution for a certain period of time. credit. A situation that risks affecting many VAT numbers that traditionally are short of liquidity and with great difficulty, especially at this time, in respecting the repayment plans of their bank debts.
"This new default definition absolutely needs to be changed - reports the secretary Renato Mason - because it is persuading banks to behave very prudently. With the lowering of the overrun threshold, in fact, we run the risk of a surge in non-performing loans. To prevent this from happening, Brussels has imposed on banks the write-down of unsecured risk loans in 3 years and in 7-9 years for those with collateral. Therefore, the application of these measures are already directing many credit institutions to adopt a behavior of extreme caution in disbursing loans, to avoid having to incur losses in a few years. In short, a new credit crunch is coming for many SMEs that we absolutely must avoid".