Italy Detailed Assessment of Compliance with the Basel Core Principles for Effective Banking Supervision
This paper reviews findings of the Detailed Assessment of Italy’s Compliance with the Basel Core Principles for Effective Banking Supervision. The Italian banking system seems to exhibit a high degree of resilience to possible macroeconomic shocks, as supported by the evolution of some financial sou...
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Format: | eBook |
Language: | English |
Published: |
Washington, D.C.
International Monetary Fund
2004
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Series: | IMF Staff Country Reports
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Subjects: | |
Online Access: | |
Collection: | International Monetary Fund - Collection details see MPG.ReNa |
Summary: | This paper reviews findings of the Detailed Assessment of Italy’s Compliance with the Basel Core Principles for Effective Banking Supervision. The Italian banking system seems to exhibit a high degree of resilience to possible macroeconomic shocks, as supported by the evolution of some financial soundness indicators and by the results of various model simulations. Despite significant improvements over the last few years, the quality of banks’ loan portfolios remains moderate. Cost-cutting and restructuring remain key challenges for Italian banks, with several conjunctural factors putting pressures on costs and income |
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Physical Description: | 82 pages |
ISBN: | 9781451819823 |