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Archive » January 2013 » The global economic scenario and the prospects for the Italian banking industry in 2013-2014

The global economic scenario and the prospects for the Italian banking industry in 2013-2014

Vincenzo Chiorazzo, Vincenzo D'Apice, Pierluigi Morelli
January 2013 - n°1
Jel codes: G01, G21, E44

Despite some recent signs of stabilization, the 2012-2014 ABI Financial Outlook Report highlights that the global economic situation remains fragile. Domestically, Gdp will further decline in 2013 and it is expected to return to a very slow growth only in 2014. Bank’s profitability continues to be a key issue, strictly related to the questions of recovery, of the definition of a regulation framework in line with the needs of the traditional business model and a strong costs reduction

 

 

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