Fabio Panetta: The Italian banking system and the exit from the crisis
By Bank for International Settlements (BIS)
Panetta outlines Italy’s improved macroeconomic conditions and the banking sector’s significant strides in reducing non-performing loans, bolstering capital, and restoring profitability. He cautions that overly rigid supervisory approaches and abrupt changes to regulatory expectations—especially on NPL provisioning—risk hindering the recovery and constraining credit supply.
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