The sovereign debt crisis: the impact on the intermediation model of Italian banks

Stefano Cosma and Elisabetta Gualandri ()
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Stefano Cosma: Università di Modena e Reggio Emilia e Cefin-Centro Studi Banca e Finanza

BANCARIA, 2014, vol. 2, 48-60

Abstract: The sovereign debt crisis, which hit Italy hard, affected first banks’ liquidity and secondly the cost and volumes of funding and loans. Italian banks are now facing the effects of the double-dip recession, which has significantly weakened businesses and households, their key customer segments, and their borrowing and saving capability, with an increasing rate of non-performing loans. This situation is impairing the sustainability of the «traditional» intermediation model and means that banks must introduce strategies for significantly modifying the banking business model they adopt

JEL-codes: G01 G21 G28 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (1)

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