The Bank of Italy is the central bank of the Republic of Italy; together with the national central banks of the euro area and the European Central Bank (ECB), it is part of the Eurosystem and actively contributes to the monetary policy decisions of the euro area and to their implementation.

The Bank is also the national supervisory authority, and ensures the sound and prudent management of financial institutions and the overall stability and efficiency of the financial system.

It routinely provides high-level independent consulting to the Government and Parliament through hearings before parliamentary commissions and other institutional bodies.

Sound and cutting-edge economic and financial analysis and research are at the heart of the Bank's performance of its monetary policy responsibilities and other institutional functions.