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Abstract

Article 1 ofthe Banking Law 19361 states that the accepting of savings from the public and the granting of credit are matters of public concern, and are regulated by the Law. Such functions may only be exercised by chartered public banks, banks of national interest, savings banks and institutions, banks, companies and private enterprises authorised accordingly.

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Background Sources

  1. Associazione Bancaria ltaliana: ‘La legge bancaria e le altre norme essenziali in materia creditizia’ (1978), Bancaria, (monthly).

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Notes

  1. Unless otherwise specified, references are to Articles of the Royal Decree Law No. 375 of March 12, 1936 (as amended), known as the Banking Law.

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  2. For administrative purposes the 20 regions of Italy are divided into provinces, each of which contains a number of municipalities.

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  3. These institutions provide a wide range of economic, financial and technical assistance for the benefit of their members. The institutions are the following: Istituto di Credito delle Casse di risparmio italiane; Istituto Centrale delle Banche Popolari Italiane; Istituto Centrale di Banche e Banchieri; Istituto di Credito delle Casse rurali e artigiane.

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© 1981 Springer Science+Business Media Dordrecht

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Welch, J. (1981). Italy. In: Welch, J. (eds) The Regulation of Banks in the Member States of the EEC. Springer, Dordrecht. https://doi.org/10.1007/978-94-015-7639-0_7

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  • DOI: https://doi.org/10.1007/978-94-015-7639-0_7

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-94-015-7641-3

  • Online ISBN: 978-94-015-7639-0

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