The Limited Times

Bankitalia, 'banks in good condition, also useful in 2023'

4/28/2023, 4:13:44 PM


Italian banks are "in overall good condition" and will be able to generate profitability in 2023 similar to that of 2022 despite a growth in non-performing loans. (HANDLE)

(ANSA) - ROME, APRIL 28 - Italian banks are in "generally good conditions" and will be able to generate profitability in 2023 similar to that of 2022 despite a growth in non-performing loans.


    In its report on financial stability, the Bank of Italy illustrates a picture, on a general level, without jolts for the sector.


    However, Via Nazionale does not let its guard down on the stability of funding (the disruptive cause of the Credti SUisse eSvb crises).

However, Italian institutions have a large deposit base, more than half of which are under 100 thousand euros protected by a state guarantee and less subject to outflows.

(HANDLE).