Capital Adequacy: The Italian Experience

Cesare Bisoni

Chapter 22 in The Future of Financial Systems and Services, 1990, pp 376-386 from Palgrave Macmillan

Abstract: Abstract Economic doctrine has dealt extensively with the capital of credit institutions, emphasising its importance from various points of view, according to the different functions it fulfils. Already at the beginning of this century some economists, while not ascribing any significant role to capital in the conduct of business, pointed out its importance for maintaining the public confidence in credit institutions and for protecting creditors.1

Date: 1990
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DOI: 10.1007/978-1-349-10439-0_22

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