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Visco, healthy banks, rate hike helps

2023-02-04T11:30:55.825Z


"Despite the cyclical slowdown, the main indicators of the state of health of the Italian banking system remain positive overall. This was stated by the Governor of the Bank of Italy, Ignazio Visco in his speech at Assiom-Forex. (ANSA)


(ANSA) - MILAN, 04 FEB - "Despite the cyclical slowdown, the main indicators of the state of health of the Italian banking system remain positive overall. This was stated by the Governor of the Bank of Italy, Ignazio Visco in his speech at Assiom-Forex.


   "In presence of a more rapid rise in lending rates, the increase in market yields favors banks with traditional operations, which in recent years had seen their profitability compressed by low interest margins", underlines Visco. (ANSA).


Source: ansa

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