Bank of Italy

The Bank of Italy, established in 1893, is the central bank of Italy and plays a crucial role in the country's economy. It manages monetary policy, regulates the banking system, and ensures financial stability. The bank issues currency and oversees payment systems. Additionally, it contributes to the European Central Bank's policies as part of the Eurozone. By monitoring inflation and interest rates, the Bank of Italy aims to promote economic growth and protect the value of savings for citizens, ultimately supporting the overall financial health of the nation.