Record Details

Bank capital in Italy (the impact of inflation and current prospects)

PSL Quarterly Review

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Title Bank capital in Italy (the impact of inflation and current prospects)
 
Creator MENGHINI, G.
 
Subject —
Italian banking system, bank capital, inflation, balance sheet, policy, ratios
E31, G21
 
Description War and post-war inflationary movements have profoundly modified the ratios between “net worth” and “alien funds” of the Italian banking system, calling attention to the problem of bank capital, to which the present article is devoted. The author deals with the possibilities and the limits of a gradual strengthening of Italian bank capital, taking into account on the one hand the several items of the bank balance sheets which should be revalued, and on the other the changed economic and institutional conditions that would make a return to the pre-war coefficients impracticable and unnecessary. The author maintains that an effort for strengthening bank capital should come within the present aims of Italian banking policy. He concludes that “wishing to indicate a realistic and at the same time technically adequate proportion, one might consider an intermediary ratio between the ‘legal’ pre-war one (5% of deposits and current accounts) and the present average (2%); and consider the latter as a ‘limit’ ratio”.
 
Publisher Economia civile
 
Contributor —
 
Date 2014-09-20
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
—
 
Format application/pdf
 
Identifier http://annalidibotanica.uniroma1.it/index.php/PSLQuarterlyReview/article/view/12698
 
Source PSL Quarterly Review; Vol 4, No 17 (1951)
PSL Quarterly Review; Vol 4, No 17 (1951)
2037-3643
ISSN 2037-3635
 
Language eng
 
Relation http://annalidibotanica.uniroma1.it/index.php/PSLQuarterlyReview/article/view/12698/12506
 
Rights Copyright (c) 2016 G. MENGHINI
http://creativecommons.org/licenses/by-nc-nd/4.0