Journal of
Italian
Banking
Association

year 100
 

Archive » April 2012 » The mutual guarantee institutions: the Italian experience in the recent scenario

The mutual guarantee institutions: the Italian experience in the recent scenario

Paola De Vincentiis
April 2012 - n°4
Jel codes: G21, G01

The mutual guarantee institutions (confidi) are an important part of the Italian financial system and play a valuable role in smoothing the relationship between banks and Smes. Nevertheless they suffer from relevant weaknesses that law makers, public authorities and regulators repeatedly tried to address in the last decade. The combined effect of the new regulatory framework and the financial crisis is producing pervasive and long-lasting effects on the mutual guarantee system

 

 

Interested in this paper?
Buy the issue