Obs. Terziario Manageritalia, an Italy divided in two focuses on the banking system

(Adnkronos) – Trento is the first province of Italy in terms of number of bank branches compared to residents (69 per 100,000 inhabitants) and has 376 throughout the territory, Trentino is the first region of Italy in terms of branch density – 66 every 100,000 inhabitants – and has a total of 709, 25 branches less than the 736 in 2020. The last province is Caserta with just 15 branches per 100,000 inhabitants, the penultimate Reggio Calabria which has just 16, the last region of Italy it is Calabria, which with 340 branches has 18 for every 100,000 residents. Bank branches in Italy are less and less and more and more concentrated. Also in this case, Trentino is an exception compared to the Italian average with as many as 91% of the municipalities (or 256) served by at least one branch, while only 9% are unmanned. The region is the least expensive in Italy for the cost of financing to businesses equal to just under 3% of the capital financed, compared to the southern regions where loans to businesses are more expensive by percentages above 3%.

This was revealed by the focus of the Manageritalia Tertiary Observatory which traces a picture of the Italian banking system which sees a net decrease in the number of branches in the area and worse conditions of access to credit for companies in the South. Manageritalia president Mario Mantovani commented on the Observatory data as follows: “Bank credit plays an essential role in financing businesses, especially at the beginning of their life cycle. The higher cost of credit in the South – continued President Mantovani – is a concrete obstacle to economic growth, precisely where it would be most needed. Banks raise rates because corporate ratings are low, but companies face too high costs for bank loans and therefore find it more difficult to invest. A vicious circle that speaks volumes about the difficulty of doing business in the South “.

With regard to the Italian panorama, we observe that in 2021 there was a strong reduction in the number of bank branches active in Italy, from 23,481 at the end of 2020 to 21,650 at the end of 2021 (1,831 branches closed in just one year). The decrease affected all Italian regions and there are 4,902 municipalities in the Peninsula that do not even have a bank branch within their borders. In Southern Italy, the number of branches went from 30 branches per 100,000 inhabitants in 2015 to just 23 branches in 2021. In the same period, in Italy the branches increased from 48 per 100,000 inhabitants in 2015 to 35 in 2021, with a higher density in the North East in which in the last year there are still 49 active branches per 100,000 inhabitants (but they were 69 in 2015). In recent years, the Italian banking system has significantly reduced its physical presence on the territory due to a multiple series of factors. First of all, the advent of the Internet and home banking has pushed credit institutions to close branches and move a large part of the services online, just think that between 2004 and 2020 the share of individuals using online banking services in Italy it increased from 8% to 40%.

Campania is the penultimate region of Italy for the number of branches compared to residents (just 20 per 100,000 inhabitants), ahead only of Calabria which is last. The region has a total of 1112 branches, 97 fewer than in 2020. The province with the highest presence of branches per capita is Salerno with 27 branches per 100,000 inhabitants, Naples has only 18 branches per 100,000 inhabitants, and is the fourth to last Italian province, last province of Italy in the ranking of branches per inhabitant is Caserta, with only 15 per 100,000. Bank branches in Italy are less and less and more and more concentrated. Campania is no exception and is among the last regions of Italy for the capillarity of the banking circuit, with more than half of the municipalities, or 51% that do not even have a bank branch. The region is among the most expensive in Italy for the cost of financing to businesses exceeding 4% of the financed capital, much more than the northern regions which stop at 3%.

Emilia Romagna is the third region of Italy in terms of number of branches compared to residents (50 branches / 100,000 inhabitants) and has 2,224 branches throughout the territory in 2021, 125 less branches compared to 2,369 in 2020. The province best served it is Ravenna with 59 branches per 100,000 inhabitants, sixth in the national ranking, while Bologna has 512 branches with an average of 50 per 100,000 inhabitants. The last province of Italy is Caserta with just 15 branches for every 100,000 inhabitants, the penultimate Reggio Calabria which has just 16, the last region of Italy is Calabria, which with 340 branches has 18 for every 100,000 residents.

Bank branches in Italy are less and less and more and more concentrated. In this too, Emilia Romagna is an exception compared to the Italian average with as many as 96% of the municipalities (or 317) served by at least one branch, it is the first region for the widespread presence of branches. The Region is the fourth cheapest in Italy for the cost of financing to businesses equal to 3% of the capital financed, compared to the southern regions where loans to businesses are more expensive by percentages higher than 3%.

Lazio is the fourth last region of Italy by number of branches compared to residents (31 per 100,000 inhabitants) and has a total of 1802, 173 fewer than in 2020. The province with the greatest presence of branches per capita is Viterbo with 43 branches per 100,000 inhabitants, while Rome has only 31 per 100,000 inhabitants, or 1322, 136 less than in 2020, well below the national average of 37.

Bank branches in Italy are less and less and more and more concentrated. Lazio is no exception and is among the last regions of Italy for the capillarity of the banking circuit, with only 53% of the municipalities, or 199, served by at least one branch. The region is the twelfth cheapest in Italy for the cost of loans to businesses equal to just under 4% of the capital financed, in line with the more expensive regions of the South where loans to businesses are more expensive by percentages higher than 3%.

Lombardy is the eighth region of Italy in terms of number of branches compared to residents (43 per 100,000 inhabitants) and has 4263, 435 fewer than in 2020. The province with the greatest presence of branches per capita is Sondrio with 68 branches each 100,000 inhabitants which is also the second in Italy after Trento. Milan is the last province in the region with 36 branches per 100,000 inhabitants, below the national average of 37. In the Lombard capital alone, 147 branches have disappeared compared to 2020. Bank branches in Italy are less and less and more and more concentrated . Lombardy is no exception compared to the Italian average with only 68% of the municipalities, or 256, served by at least one branch. The region is the fourth cheapest in Italy for the cost of financing to businesses equal to just under 3% of the capital financed, compared to the southern regions where business loans are more expensive by percentages of over 3%.

Piedmont is the ninth region of Italy by number of branches compared to residents (41 per 100,000 inhabitants) and has 1748, 158 fewer than in 2020. The province with the greatest presence of branches per capita is Cuneo with 65 branches per 100,000. inhabitants, third Italian province for density. Turin is the last province in the region with 712 branches, 56 fewer than in 2020, or 26 per 100,000 inhabitants, well below the national average of 37. Bank branches in Italy are less and less and more and more concentrated. Piedmont is no exception and is the fourth last region of Italy for the capillarity of the banking circuit, with only 40% of the municipalities, or 470, served by at least one branch. The region is the eighth cheapest in Italy for the cost of business loans equal to just over 3% of the capital financed, compared to the southern regions where business loans are more expensive by percentages over 3%.

Tuscany is the seventh region of Italy by number of branches compared to residents (45 per 100,000 inhabitants) and has 1629, 149 fewer than in 2020. The province with the greatest presence of branches per capita is Siena with 56 branches per 100,000 inhabitants, tenth in Italy. Prato is the last province in the region with 70 branches, 26 for every 100,000 inhabitants, while the national average is 37. Bank branches in Italy are less and less and more and more concentrated. Tuscany is an exception to the Italian average with over 93% of the municipalities, or 254, served by at least one branch. The region is the ninth cheapest in Italy for the cost of loans to businesses equal to just over 3% of the capital financed, compared to the southern regions where loans to businesses are more expensive by percentages over 3%.

Veneto is the fifth region of Italy by number of branches compared to residents (45 per 100,000 inhabitants) and has 2181, 177 fewer than in 2020. The province with the greatest presence of branches per capita is Belluno with 55 branches per 100,000. inhabitants. Venice is the last province in the region with 39 branches per 100,000 inhabitants, while the national average is 37. In the Venetian capital alone there are 328, fewer than Verona which has 455. Bank branches in Italy are fewer and fewer and always more focused. Veneto is an exception to the Italian average with over 84% of the municipalities, or 473, served by at least one branch. The region is the third cheapest in Italy for the cost of business loans equal to just under 3% of the financed capital, compared to the southern regions where business loans are more expensive by percentages over 3%.

Leave a Reply

Your email address will not be published.