01722cas a2200241 a 4500 AALejournalIMF016944 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498355575 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Italy : Selected Issues. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (43 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Selected Issues paper analyzes the conditions under which Italian banks can earn sufficient profits to grow out of their asset quality problems, rebuild capital buffers, and finance the real economy. A bottom-up analysis of the 15 largest Italian banks suggests that restoring sustainable profitability depends heavily on the growth outlook. Many banks are expected to become more profitable as the economy recovers, but their capacity to lend depends on the size of their capital buffers. However, a number of smaller banks face substantial profitability pressures, highlighting the need to reduce the large stock of nonperforming loans and for further cost cutting and efficiency gains. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2016/223 Full text available on IMF http://elibrary.imf.org/view/journals/002/2016/223/002.2016.issue-223-en.xml IMF e-Library