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Savings and the economy: trust starts from the territories

Author

Listed:
  • Corrado Faissola

    (Presidente Associazione Bancaria Italiana)

Abstract

In a global context in which many banking systems are wondering about their future and how to redefine a modus operandi that has been overwhelmed by an epochal crisis, it is a reason of strength for the Italian economy to count on a traditional banking system, based on credit to the firms and households and deep-rooted in the territories. Among the key points for recovery there is the need for a tax treatment of loan losses in line with European competitors.

Suggested Citation

  • Corrado Faissola, 2009. "Savings and the economy: trust starts from the territories," BANCARIA, Bancaria Editrice, vol. 10, pages 2-7, October.
    • Handle: RePEc:ban:bancar:v:10:y:2009:m:october:p:2-7
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    File URL: http://www.bancariaeditrice.it/prodotti/vedi/prodotto/id/1968/bancaria-n-10-2009
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    More about this item

    Keywords

    crisi finanziaria; risparmio; trattamento fiscale;
    All these keywords.

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • K34 - Law and Economics - - Other Substantive Areas of Law - - - Tax Law

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