Banks, 4.7 billion more in a year but loans down by 19 billion

From 1.5 billion euros of red to an overall net profit of 3.1 billion: from the first quarter of 2020 to the first three months of 2021, despite the Covid pandemic, the main Italian banks have reversed the results, with one kidney surge which led to a positive balance, in terms of profits, of approximately 4.7 billion. The increase in profits, however, was not accompanied by a corresponding and parallel growth in credit activity: the stock of loans to customers of these seven banks fell by almost 19 billion (-1.5%) from 1,249 billion. to 1,230 billion. This is what emerges from an analysis by the Unimpresa Study Center, according to which the top seven banking groups in the country achieved very important performances: Intesa Sanpaolo had profits of 1.5 billion, Unicredit for 887 million, Bper for more than 400 million, Banco Bpm for over 100 million, Monte dei Paschi di Siena for 119 million, Credem for 62 million, Creval for 28 million. «We need more support for the real economy, public guarantees must be fully exploited to ensure, especially for SMEs, more and more liquidity. Many institutions, on the other hand, use the public parachute to protect their balance sheets, replacing old loans with new lines of credit guaranteed by the State »commented Unimpresa vice president, Salvo Politino. In addition to the results of the first banks, according to the Unimpresa Study Center, from 2020 to 2021, Banca Generali had quarterly profits of 135 million, Banca Mediolanum for 133 million, Banco Desio for 20 million, Fineco Bank for 94 million, Popolare Sondrio for 59 million: in total, these five institutions have put together 441 million. As for the top seven banks in the country, Intesa Sanpaolo had profits, in the first three months of the year, for 1.5 billion, Unicredit for 887 million, Bper for more than 400 million, Banco Bpm for over 100 million, Monte dei Paschi Siena for 119 million, Credem for 62 million, Creval for 28 million. On the credit side, those of Intesa Sanpaolo went from 460.1 billion to 461.7 billion, an increase of 0.4%, those of Unicredit fell from 489.9 billion to 446.6 billion, a decrease of 8 , 8%, those of Bper rose from 53.1 billion to 75.3 billion, an increase of 42.19%, those of Mps fell from 82.6 billion to 82.2 billion with a contraction of 0.5% , those of Credem ranged from 34.3 billion to 34.5 billion, up by 0.45 billion, those of Creval fell from 19.6 billion to 19.4 billion, down 1.1%. Overall, the top seven banks in the country cut loans to the real economy, that is to families and businesses, by 18.8 billion: the total stock of loans went from 1,249.1 billion to 1,230.2 billion, a decrease of 1.5%.