ROME (Reuters) -Italian banks should use resources generated by the current favourable period to strengthen their capacity to cope with unfavourable scenarios, the country's central bank governor
Central Bank Urges Italian Banks to Prepare for Economic Challenges
Strengthening Financial Resilience
ROME (Reuters) -Italian banks should use resources generated by the current favourable period to strengthen their capacity to cope with unfavourable scenarios, the country's central bank governor Fabio Panetta said on Tuesday.
Investment in Innovation
Addressing a financial conference in Rome, Panetta also called on domestic lenders to invest more in innovation, IT security and support economic growth.
Enhancing IT Security
(Reporting by Giuseppe Fonte, editing by Alvise Armellini)
