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The real conditions of Italian banking industry

Author

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  • Ignazio Visco

    (Governatore della Banca d’Italia)

Abstract

In Italy, the economic recovery continues but remains stunted. Notwithstanding the improvements obtained with the reforms of recent years, Italian production system is still hindered by an environment that is not business friendly. In this scenario, banks face a delicate transition, in a still weak economic environment. The difficulties will be solved all the more easily the sooner the economic recovery gains a firm footing: non-performing loans will be disposed of more quickly and the recovery of profitability will be less complex

Suggested Citation

  • Ignazio Visco, 2016. "The real conditions of Italian banking industry," BANCARIA, Bancaria Editrice, vol. 10, pages 4-13, October.
    • Handle: RePEc:ban:bancar:v:10:y:2016:m:october:p:4-13
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    File URL: http://www.bancaria.it/en/the-real-conditions-of-italian-banking-industry
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    More about this item

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth

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