ROMA (ITALPRESS) – In 2024 they were closed, i.e. removed from the balance sheets, positions to suffering for about 6 billion. The figure, approximately 1.4 times the value of new inputs, is less than 2023 in absolute terms (9 billion), and of percentage incidence on the sufferings outstanding at the end of the previous year (37% versus 44%). Thus the Bank of Italy in the Note of Financial Stability and Supervisory. The reduction compared to 2023 was mainly determined by minor disposals (passed from 5 to 3 billion) and is attributable to the progressive reduction of the consistencies, which reduced the requirements of massive disposal. Degraded credit management strategies are now based on a more balanced contribution of the different management levers: the amount of the positions closed internally is equivalent to that of the disposals on the market (3 billion).
The updated data on the time of disposal of suffering confirm the progress achieved in recent years, attributable both to the reduction of the consistencies and to the improvements of the intermediaries in the management of these credits: the share of the positions closed within three years of suffering classification is 87% (88% in 2a023). Consumption of probable failures remained stable, amounting to approximately 4 billion.
Compared to 2023, the average recovery rate of closed suffering has increased by five percentage points, to 41%, of which three are attributable to the closures of positions assisted by public guarantees and characterized by particularly high recovery rates. The Bank of Italy notes this in the Note of Financial Stability and Supervision. Growth has contributed both the recoveries on the closed positions in an ordinary way (from 45% to 47%), and those on the positions sold (from 30% to 36%), whose incidence on the total of the closed positions fell from 60% to 50%. The average rate of recovery of the sufferings assisted by real guarantees increased by three percentage points, to 44%, supported by the increase observed on the positions given to third parties (from 35% to 41%). For positions not assisted by real guarantees, the recovery rate has increased by about nine percentage points (from 28% to 37%), of which you are attributable to closures of positions assisted by public guarantee.
The price of suffering in 2024 was 24% of the gross budget exposure at the time of the sale, up two percentage points compared to 2023. The price remained stable for positions assisted by real guarantees (34%), while it grew significantly for others (from 13% to 18%), which benefited from the highest price recognised on positions with public guarantee. The price of degraded credits other than suffering was on average 51%, higher than about 5 percentage points at 2023; the increase has affected both the component assisted by real guarantee, and the one not assisted by real guarantee.
– Photo IPA Agency –
(ITALPRESS).
