Italy : Detailed Assessment of Compliance with the Basel Core Principles for Effective Banking Supervision

1ITAEA0022004 Image
Price:  $15.00

Release Date: © May, 2004
ISBN : 978-1-45181-982-3
Stock #: 1ITAEA0022004
English
Stock Status: On back-order

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Description

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.




More publications in this series: IMF Staff Country Reports