IMF explores ways to increase profitability of Italy’s banking sector
The country’s financial sector is fragmented, recording higher operational costs than EU average
Italian banks report lower profits and higher costs than their European peers. The paper, Bank consolidation, efficiency, and profitability in Italy, released by the International Monetary Fund, makes the case for consolidation.
The return on equity of Italian banks is among the lowest in the European Union, writes author Anke Weber. This is mainly due to the country’s low GDP growth since the early 1990s, while interest rates in the eurozone have remained at record lows since the global
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Most read
- ECB staff speak out against changes to internal survey
- ‘Do I die, or do I survive?’ Officials reflect on Basel III complexity
- French president calls for expanded ECB mandate