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Archive » September 2017 » Construction industry and bank loans in Italy: towards a new equilibrium

Construction industry and bank loans in Italy: towards a new equilibrium

Filippo Monge, Nicola Miglietta, Enrico Battisti
September 2017 - n. 9
Jel codes: L10, L11, L74, M16, M21

Construction industry makes an important contribution to the Italian Gdp, as well to employment. However, during the recent crisis, the sector fell into a deep downturn, for a mix of factors: the production decline, the small size of enterprises, the increasing level of Npls, the lack of a financial culture. Nonetheless, the sector still maintains a key role for the economy in Italy. It is therefore important to foster the growth of financial planning and business culture in the sector, in order to establish a new credit relation.


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