Information from San Marino: “Pino Guidi curries the government and Bcsm on memorandum with Bankitalia and Npl”
The president points the finger at the shortcomings and expresses on the president the conferral of NPLs to the public vehicle.
ANTONIO FABBRI – The Cassa di Faetano, the owner body of the Banca di San Marino, renews its management. He is appointed to the presidency of the organization Marco Beccari who replaces the outgoing president, Giuseppe Guidi. And it really is Pino Guidi, in his report to highlight a series of critical issues, not just for the bank and the institution, but rather for the repercussions that the choices have on Ecf and Bsm and, more generally, on the entire banking system , or the taxes, of the Central Bank and the Government. (…) So Pino Guidi notes that the sanctioning culture that of promotion and training has ended up generating such fear that the purpose of the operators rather than the sector is more to protect themselves from the responsibilities that take on the burden of growth and development in compliance with the rules. But it doesn’t stop there. Guidi in listing what is expected from the government and from Bsm highlights a series of criticalities and shortcomings, starting from Note with Bank of Italy, and the risk that NPLs that should be stolen from banks for the imposition of transactions linked to the famous “public vehicle” that should manage them, can cause institutions. (…)
Article taken from The Information of San Marino