Eficiencia financiera de las entidades de crédito cooperativo en Italia, periodo 2012-2015

Abstract

This work has measured the impact of the crisis on the financial efficiency and profitability of the Italian cooperative credit banks (BCC) and the measures adopted by these banks to mitigate this impact. The ratios of all BCCs as a whole and, in particular, of the Cooperativa dell'Adda and Cremasco Credit have been analyzed, showing the trend of the indices within the observed period. Supervisory authorities have introduced rules and reforms in an effort to ensure greater soundness for the banking system: the Single Monitoring Mechanism has been one of the tools to harmonize regulations at European level. The monetary policy of the European Central Bank has also been directed at favoring the stability of the economic picture and preventing liquidity crises. These norms have influenced BCC strategies, especially in the creation of an efficient internal control system and in the introduction of the reform process towards a single cooperative credit group