Bad loans to customers - Geographical distribution
The geographical distribution of bad cash loans to customers showed a decrease as regards Liguria’s
share (40% against 51.3% in December and 50.9% in September), related to the implementation of the plan to recover a significant position, and an expansion of credit activities outside the traditional Liguria market. Lombardy is the second region with a share of 19.2%, followed by Piedmont and Tuscany with 11.4% and 9.5% respectively.
BAD LOANS TO CUSTOMERS (1) - GEOGRAPHICAL DISTRIBUTION (2)
| Situation as at | ||||||
|---|---|---|---|---|---|---|
| 31/12/08 | 30/9/08 | 31/12/07 | ||||
| (figures in thousands of €) | % | % | % | |||
| Liguria | 248,497 | 40.0% | 337,962 | 50.9% | 318,259 | 51.3% |
| Lombardy | 119,292 | 19.2% | 112,394 | 17.0% | 99,385 | 16.0% |
| Piedmont | 71,159 | 11.4% | 69,296 | 10.5% | 56,152 | 9.0% |
| Tuscany | 58,882 | 9.5% | 33,801 | 5.1% | 51,740 | 8.3% |
| Emilia Romagna | 40,804 | 6.6% | 33,235 | 5.0% | 24,967 | 4.0% |
| Latium | 26,102 | 4.2% | 25,863 | 3.9% | 21,606 | 3.5% |
| Sicily | 15,723 | 2.5% | 15,937 | 2.4% | 13,478 | 2.2% |
| Veneto | 11,741 | 1.9% | 5,647 | 0.9% | 9,677 | 1.6% |
| Apulia | 10,602 | 1.7% | 10,599 | 1.5% | 8,507 | 1.4% |
| Marches | 7,389 | 1.2% | 7,184 | 1.1% | 6,808 | 1.1% |
| Sardinia | 6,011 | 1.0% | 5,647 | 0.9% | 5,380 | 0.9% |
| Umbria | 4,082 | 0.6% | 4,003 | 0.6% | 3,513 | 0.5% |
| Valle d'Aosta | 14 | 0.0% | 9 | 0.0% | 0 | 0.0% |
| Total Italy | 620,298 | 99.8% | 661,577 | 99.8% | 619,472 | 99.8% |
| Abroad | 1,451 | 0.2% | 1,148 | 0.2% | 1,242 | 0.2% |
| Total | 621,749 | 100.0% | 662,725 | 100.0% | 620,714 | 100.0% |
(1) Gross of value adjustments and net of debt securities classified as L&R.
(2) Figures per branch province.
The bad loans/loans ratio, 2.9% at the end of 2008, fell from 3.6% in December 2007 (3.4% in September), but with different performances at regional level; in Liguria, it was 2.4%, down compared with 3.6% in December and September; in Piedmont, the figure recorded was 5% (4.9% and 5.1% in December and September respectively).
BAD LOANS/LENDING RATIO (1) - GEOGRAPHICAL DISTRIBUTION (2)
| (Percentage values) | 31/12/08 | 30/9/08 | 31/12/07 |
|---|---|---|---|
| Piedmont | 5.0% | 5.1% | 4.9% |
| Marches | 4.5% | 4.6% | 4.4% |
| Apulia | 4.4% | 4.4% | 3.7% |
| Lombardy | 4.1% | 3.9% | 3.8% |
| Umbria | 4.0% | 5.0% | 4.4% |
| Liguria | 2.4% | 3.6% | 3.6% |
| Emilia Romagna | 3.5% | 3.2% | 2.5% |
| Tuscany | 3.3% | 1.9% | 3.1% |
| Latium | 3.0% | 3.2% | 2.7% |
| Sicily | 2.6% | 4.0% | 3.7% |
| Sardinia | 2.6% | 2.4% | 2.5% |
| Veneto | 1.0% | 0.5% | 3.4% |
| Valle d'Aosta | 0.1% | 0.0% | 0.0% |
| Total Italy | 3.0% | 3.4% | 3.6% |
| Abroad | 0.7% | 0.6% | 1.4% |
| Total | 2.9% | 3.4% | 3.6% |
(1) Gros s of value adjus tments and net of debt s ecurities clas s ified as L&R .
(2) Figures per branch province.