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The global economic scenario and the prospects for the Italian banking industry in 2013-2014

Author

Listed:
  • Vincenzo Chiorazzo

    (ABI)

  • Vincenzo D'Apice

    (ABI)

  • Pierluigi Morelli

    (ABI)

Abstract

Despite some recent signs of stabilization, the 2012-2014 ABI Financial Outlook Report highlights that the global economic situation remains fragile. Domestically, Gdp will further decline in 2013 and it is expected to return to a very slow growth only in 2014. Bank’s profitability continues to be a key issue, strictly related to the questions of recovery, of the definition of a regulation framework in line with the needs of the traditional business model and a strong costs reduction

Suggested Citation

  • Vincenzo Chiorazzo & Vincenzo D'Apice & Pierluigi Morelli, 2013. "The global economic scenario and the prospects for the Italian banking industry in 2013-2014," BANCARIA, Bancaria Editrice, vol. 1, pages 19-27, January.
    • Handle: RePEc:ban:bancar:v:1:y:2013:m:january:p:19-27
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    More about this item

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy

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