Banking and finance in Italy

Banking and finance in Italy encompass a system of banks, financial institutions, and markets that facilitate money management, savings, investments, and loans. Italian banks provide services such as deposits, mortgages, and business financing, supporting both individuals and companies. The financial sector is regulated by authorities like the Bank of Italy, ensuring stability and transparency. Italy also participates in European financial markets, offering investment opportunities. Overall, the sector is vital for economic growth, enabling efficient allocation of resources, managing risks, and supporting domestic and international trade.