Banking in Italy

Elena Beccalli, Claudia Girardone, Gabriella Gimigliano

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

This chapter provides an overview of the evolution of the banking industry in Italy and examines the current structural features, strategic challenges and concerns in the aftermath of the financial crisis. In essence the Italian banking industry appears to be dominated by polyfunctional groups oriented to relationship lending, and operates according to a banking law allowing banks to act as firms just from the 1990s. Such a framework opens new current issues such as the large amount of non-performing loans affecting Italian banks and the need for further reforms especially for cooperative banks.
Original languageEnglish
Title of host publicationThe Palgrave Handbook of European Banking
EditorsT. Beck, B. Casu
Pages521-540
Number of pages20
Publication statusPublished - 2016

Keywords

  • Banking
  • Italy

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