Cr Awards, Sammontana among the companies awarded for punctuality towards banks – Corriere.it

In Italy there are over 160,000 joint-stock companies and only 12,500 monitor their data in the risk centre. Yet examples of virtuosity are not lacking. In 2022 they distinguished themselves 68 companies for punctuality and rigor towards the banks. Yesterday they received the award Credit Reputation Awards (CR Awards), during the first edition of the event conceived by Massimiliano Bosaro, founder and CEO of Centralerisk, an innovative SME specialized in monitoring the financial health of companies. Among the 800 awarded companies that participated free of charge in the competition are: Autotorino, Fileni, Granterre, GI Group, Molino Casillo, Sammontana, Tamoil Italia.

European regulators

We want to give voice and echo to the indications of the European regulators because if the companies become more precise, the banks will be more performing, said Bosaro on the sidelines of the ceremony. More than 100 companies with turnovers took part in the event between five million and more than three billion, together with some representatives of the world of banks and Private Equity Funds such as Illimity SGR, Progressio SGR, Smart Capital, Bper, Crdit Agricole Italia, Sparkasse, Banca CF, Banca Sella and Tamburi. Three different categories were selected: manufacturing, commerce and services and real estate.

The analysis

To assign the prizes, Centralerisk carried out an analysis through its Monitor Cr platform, which processes and makes the data from the risk center usable. Recognition is awarded to companies that receive an included assessment between AAA and BBB investment grade. Bosaro specified:Today companies are more careful in acquiring money that they could not repay in the future, and in this way banks can also devote themselves to other activities. The second edition of the Credit Reputation Awards and the first stage of selection will analyze data from the credit center for the first quarter of 2023.