Italy’s Visco issues call to action for banks
Ignazio Visco, governor of the Bank of Italy, on February 18 stressed that Italian banks must "demonstrate that they are able to perform their credit allocation function well, under conditions of sound and prudent management, with keen discernment".
Speaking at the Financial Markets Association of Italy's 18th congress in Palma, Visco said it was "essential that the economy not be starved of credit, allowed to waste away, dragging down the prospects of the banking system with it".
But at the
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