The credit reporting systems of CRIF is a vantage point for the analysis of credit market in our country, thanks to the completeness and the historical depth of their information assets. Data EURISC to make it possible to measure the trends, both in terms of overall trends in composition. Below presents some considerations on the riskiness of demand for credit in the last 12 months, based on analysis of requests for financing recorded on SCI FI, that is true credit applications pending approval by institutions and not simply buying intentions or quotes Internet.

The instrument used is performative, the CRIF Credit Bureau Score of providing the credit risk of a subject through the estimation of its probability of default in the time period of 12 months. Analysis is referred Nita “total demand” sum requests for financing transited on SCI FI in CRIF1. It is also defined nisch “risky” the question being evaluation received a score of Credit Bureau Scores in the range between A and D. The reference is measured as a share percentage of total requests credito2.

Globally, it appears that the riskiness of demand in 2008 stood on a share of 16.1%, broadly in line with the figure recorded in the previous 12 months (16.3%). Contracts valued at high risk Foreign nationals: contracts estimated at high risk The results of a breakdown Deepening the level of analysis, it is interesting to disaggregate the composition of demand for credit compared to other elements and identify trends over the previous year.

Regarding the type of Accountant, the request mendation of confidence in the current account (fi do account, Accountant for advances) continues to represent the proportion of demand more risky (with 18.9%), although a slight decrease (-0.7 percentage points) than in the previous 12 months. Below are papers credit, whose share of risky demand rises from 17.6% 2007 to 18.3% in 2008. Applications for loans are essentially a risk stable compared to the previous period (-0.2 percentage points) while the riskiness of the demand for loans drops significantly from 15% in 2007 to 13.7% in 2008 continuing a trend of contraction risk innescatosi in 2007. It will be interesting observe in detail the proportion of loans being renegotiation, subrogation or substitution of these phenomena because will have an impact on demand and can be analyzed to evaluate the characteristics, in terms risky.

Concerning the categories of customers, the credit demand of households consumers do not face a substantial change in risk compared to 2007 (-0.3 percentage points), while requests for the Accountant individual firms remain the most risky (stands at 21.6% share Application to high risk of total demand for credit from this customer segment). The riskiness of the stable credit demand of partnerships and limited liability companies (including if the former is slightly higher while the second in a slight decrease compared to 2007), well as the riskiness of companies of different tipologia3 (respectively +0.4, -0.8 And -0.1 percentage points compared to 2007). Investigating in more detail the composition of demand for credit consumer households, the 2008 confirmed a lower risk in the age groups above 45 years. By focusing on foreigners, which are currently 10.3% of credit demand in Italy, the riskiness of the application from this type of credit score stands at 18.2% in 2008 higher than the figure for the whole body of Italian consumer households. The decrease in the riskiness of credit demand of foreign clients higher than the total (-0.6 percentage points), however the data should be assessed Whereas the growth in demand for the foreign clientele Accountant (+22% Compared to the previous period). In terms of the geographical origin of the person applying CA, customers are mainly born in European countries outside the EU to present a higher share of demand for credit risky (24.5% of demand Accountant’s score is at high risk). Considering the trend over to 2007, are the customers from Asia for the growth rate greater perceived risk (+2.4 percentage points), followed by customers from Europe non EU (there is an increase of 0.4 percentage points al 2007). All other geo with a decrease in risk, mainly in North America (-4.1 percentage points), followed by Citizens of South America, EU countries, and Oceania (-1.6, respectively, -1 And -0.6 percentage points compared to 2007). As for nationals African origin did not detect changes (the riskiness stands at 22.3%). Even more signifi cannot difference in the riskiness of demand for business individual (sole proprietors with the holder of foreign origin represent 6% of all enterprises and individuals who have applied for credit in 2008): the Individual foreign companies have a share of risk by 26.4% (-0.3 percentage points compared to 2007) compared to a total level of risk demand from business travelers by 21.6% (down to -0.3 percentage points compared to 2007). Again, the data must be viewed against account that the demand for credit by individual companies abroad in 2008 rose by 15% over the previous year.

In conclusion, emerges as the basic stability of indicators of risk total demand in hiding breakdowns achievable (by age, provenance) very interesting analysis of the actual evolution of demand, can also be used to extrapolate trends in perspective. Infi it should be noted that some trends are consolidating with the passage of time and transform the phenomena observed by situations emerging phenomena Structural to be taken into account stable (an example of all, the size percentage of demand from foreign customers:

1. Overall demand for credit is not affected by any changes cations occurred after the first insertion, for whatever reasons.
2. Credit Bureau Score of CRIF is used here as an indicator of riskiness of the application. The riskiness of Accountant in place can be assessed using the      same indicator, but is necessarily different.
3. Means moral society (government, foundations, associations, family businesses, associations, condominiums, communit.