What is it?
The Central Credit Register (CR), managed by the Bank of Italy, is a database about the debts of companies towards the banking and financial system. The CR is fed by the information that the participating intermediaries (banks, financial companies) transmit regarding the loans and guarantees granted to their customers, the guarantees received from their customers and the loans or guarantees purchased from other intermediaries. There is a detection threshold: the customer is notified if the amount to be returned to the intermediary is equal to or higher than 30,000 euros; this threshold is lowered to 250 euros if the customer is in bad debt. Any amount if in bad debts have been passed to loss. Any amount if bad debts have been passed to loss.
What is it for?
Correct management of credit lines is essential to improve the corporate rating and to maintain it. Therefore, to maintain the necessary requirements for access to credit, it is essential to correctly and periodically monitor the CR and intervene where necessary.
What does the service provide?
The service provides for the sending of a commented report with graphs and tables that analyzes the situation of existing relationships with credit and financial institutions with the calculation of the most important indices (duration, financial tension, verification of unpaid debts, bad debts) and with the formulation of an overall opinion and with the indication of a strategy for the future.