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Banks, firms and the road for recovery

Author

Listed:
  • Corrado Faissola

    (President of ABI)

Abstract

The current crisis asks to Italian banks to reflect on their perspectives, in order to understand if present strengths could become constraints in the future. Capital adequacy, revenues opportunities, cost savings must be reinforced. A more strict relationship between banks and local communities is also necessary to confirm the strength of the bank industry in the medium-long term. With Government intervention and the support of the entrepreneurship associations financial conditions necessary to re-activate investments can be restored.

Suggested Citation

  • Corrado Faissola, 2009. "Banks, firms and the road for recovery," BANCARIA, Bancaria Editrice, vol. 7, pages 2-11, July.
    • Handle: RePEc:ban:bancar:v:7:y:2009:m:july:p:2-11
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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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