Italy: Detailed Assessment of Compliance with the Basel Core Principles for Effective Banking Supervision

International Monetary Fund

No 2004/133, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper reviews findings of the Detailed Assessment of Italy’s Compliance with the Basel Core Principles for Effective Banking Supervision. The Italian banking system seems to exhibit a high degree of resilience to possible macroeconomic shocks, as supported by the evolution of some financial soundness indicators and by the results of various model simulations. Despite significant improvements over the last few years, the quality of banks’ loan portfolios remains moderate. Cost-cutting and restructuring remain key challenges for Italian banks, with several conjunctural factors putting pressures on costs and income.

Keywords: ISCR; CR; board of directors; holding company; country risk; senior management; business plan; financial condition; BI regulation; supervisory instruction; interest rate; banking system; capital base; BI branch; Basel Core Principles; Loans; Operational risk; External audit; Internal controls; Global (search for similar items in EconPapers)
Pages: 82
Date: 2004-05-14
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=17394 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2004/133

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().