Italian banking sector

The Italian banking sector comprises a mix of major banks, regional lenders, and cooperative banks, serving individuals, businesses, and government. It plays a key role in supporting economic activities through loans, deposits, and other financial services. Italian banks have faced challenges such as economic fluctuations, high levels of non-performing loans, and the need for digital transformation. Recently, consolidation and stricter regulations have strengthened stability. Overall, Italy’s banking sector is essential for economic growth, adapting to technological changes while working to maintain financial stability and consumer confidence.