Italy’s banking sector has changed its attitude towards risk management over the past five years. Credit portfolio management and the use of robust internal ratings models were virtually unheard of a few years ago. Now, they form a vital part of Italian banks’ risk management functions.
However, there are still areas of weakness. The improvements in the management of their loan portfolios have yet to filter down to loan pricing. What’s more, there is a lack of tools available to
The week on Risk.net, July 7-13, 2018Receive this by email