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Credit, banks and the role of supervision

Author

Listed:
  • Mario Draghi

    (Governatore della Banca d'Italia)

Abstract

Banks have a key role to overcome the crisis, conciliating profitability with support of healthy companies, strengthening capital, improving corporate governance, remuneration systems and transparency towards clients. The reform of global supervision, with the role of Fsb, will allow to obtain significant results before the end of 2009. At the European level, the future is for a new single rulebook, common standards, stronger coordination between supervisors.

Suggested Citation

  • Mario Draghi, 2009. "Credit, banks and the role of supervision," BANCARIA, Bancaria Editrice, vol. 7, pages 16-23, July.
    • Handle: RePEc:ban:bancar:v:7:y:2009:m:july:p:16-23
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    File URL: http://www.bancariaeditrice.it/prodotti/vedi/prodotto/id/1974/bancaria-n-7-8-2009
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    More about this item

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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