Banca D'italia

Banca D'italia

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Last update: Dec 6, 2024 Last update: Dec 6, 2024
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Legal residence:Italy
Organization type:Financial service provider
Funding agencies:Other
Other
Sectors:Banking
Banking
Nr. of employees:5001-10000
Sanctions:Check now
Status:
Active

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About

The Bank of Italy is the central bank of the Republic of Italy. It is a public-law institution regulated by national and European legislation. It is an integral part of the Eurosystem, which is made up of the national central banks of the euro area and the European Central Bank. The Eurosystem and the central banks of the member states of the European Union that have not adopted the euro make up the European System of Central Banks.

The Bank pursues aims in the general interest in the sector of money and finance: price stability, which is the main objective of the Eurosystem under the Treaty on the Functioning of the European Union; the stability and efficiency of the financial system, thus implementing the principle of the protection of savings embodied in the Constitution (Article 47 states “The Republic encourages and protects saving in all its forms, it regulates, coordinates and controls the provision of credit”); and the other duties entrusted to it by Italian law.

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