(ANSA) - ROME, FEB 26 - The interventions implemented after the great financial crisis, to increase the capitalization of banks and strengthen them against Npls and financial leverage that have "produced a truly remarkable capacity for resistance in the face of the Covid-19 shock: it was only the stress test of the reforms that have been implemented ".
This was stated by the Governor of the Bank of Italy, IgnazioVisco, in the press conference at the end of the G20 of the ministers of finance and governors.
However, Visco urged us not to let our guard down: "having said that, the current situation in many countries, not just advanced ones, is producing risks in terms of the insolvency of companies operating in the real economy, which must be addressed if possible with a cooperative approach".
The governor then noted that everyone in the G20 agrees to pay greater attention and control to the non-bank financial system, which now accounts for 50% of world credit, after the turbulence seen last March.
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