Bank of Italy has published a notice on the International Monetary Fund's completion of its periodic assessment of Italy's financial sector, launched in 2025, and the release of the final Financial System Stability Assessment. The IMF found the Italian financial system sound and resilient, pointing to solid bank capital and liquidity buffers, improved asset quality and stronger profitability, while also identifying areas where further targeted measures could strengthen resilience over the medium to long term. The assessment also noted progress by the Italian authorities since the previous 2020 review, including stronger supervisory practices, improvements to the macroprudential and crisis management frameworks, lower non-performing loans and greater resilience across the financial system. It examined emerging risks from geopolitical tensions, climate change, cyber threats, links between banks and non-bank financial intermediaries, and the role of financial market infrastructures as part of its broader review of the financial system and institutional framework.
Bank of Italy2026-07-24
Bank of Italy highlights IMF assessment finding Italy's financial system sound and resilient
Bank of Italy published a notice on the IMF's final Financial System Stability Assessment for Italy following the periodic review launched in 2025. The IMF judged the financial system sound and resilient, citing stronger bank buffers, asset quality and profitability, while also flagging emerging risks and areas for further targeted measures.