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News

  1. 15 April 2019 Code of Conduct for high-level ECB Officials On 1 January 2019, the new single Code of Conduct for high-level ECB Officials came into force. It applies to the members of the ECB's Governing Council, Executive Board and Supervisory Board. Where explicitly provided for in the Code, it also applies to...
  2. 12 April 2019 Ignazio Visco speaks at the Council on Foreign Relations Governor Ignazio Visco spoke at the Council on Foreign Relations in Washington.
  3. 9 April 2019 Hearing to examine Decree Law 22/2019 on Brexit Pietro Antonio Catte, Deputy Head of the International Relations and Economics Directorate of the Bank of Italy, spoke today at a hearing before the Bureau of the Sixth Standing Committee (Finance and Treasury) of the Senate. The hearing was held to...
  4. 8 April 2019 Workshop on "Labour mobility and migration: determinants and consequences" The Bank of Italy is pleased to announce a one-day workshop on "Labour mobility and migration: determinants and consequences" to be held on October 4, 2019, which aims to provide leading researchers in the field of urban economics and economics of...
  5. 3 April 2019 Testimony by Paolo Sestito on the EU Multiannual Financial Framework 2021-2027 Paolo Sestito, Head of the Structural Economic Analysis Directorate of the Bank of Italy, spoke before the 5th Standing Committee (Budget, Treasury, and Planning) and the 14th Standing Committee (European Union Policies) of the Chamber of Deputies on the...
  6. 1 April 2019 Seminar "Audit activities in a central bank" Banca d'Italia organizes - in the framework of the International Technical Cooperation activities - the seminar "Audit activities in a central bank". The event will take place from 1 to 3 April in Rome. Participation is by invitation only and is reserved...

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The Bank in pictures

Video excerpt from speech by Governor Ignazio Visco at the 25th ASSIOM FOREX Congress

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Indicators

Inflation

March 2019 - March 2018

Italy
+1.1%
Euro area
+1.4%

GDP growth

Fourth quarter 2018 - Third quarter 2018

Italy
-0.1%
Euro area
+0.2%

Exchange rates

date: 18 April 2019

USD
1,1250
YEN
125,86

ECB interest rates

As of 16 March 2016

Main refinancing operations
0.00%

Focus

Meet the Bank of Italy

The 'Meet the Bank of Italy' initiative is a forum for dialogue with members of the public set up to discuss the Bank of Italy’s activities, tasks and objectives, with the aim of dispelling doubts or popular misconceptions and of answering questions in an open, simple and direct way.

Information on Brexit

In view of the United Kingdom's expected withdrawal from the European Union, the Bank of Italy has set up a webpage providing information on Brexit for the public and for financial intermediaries.

Banking and financial supervision

As national supervisor, the Bank of Italy also provides services directly to the public: it handles complaints, runs the technical secretariats for the Banking and Financial Ombudsman and publishes information on individuals or companies not authorized to carry out banking or financial activities in Italy and other more general notices and communications.

FinTech Channel

FinTech is the abbreviation for Financial Technology, namely the application of technology to the delivery of financing, payment, investment and consulting services, which has become a powerful driver of innovation in the financial services market.

Lira-euro conversion

In compliance with Ruling 216/2015 of Italy’s Constitutional Court, which declared unlawful the bringing forward of the deadline for terminating the redemption of lira banknotes from 28 February 2012 to 6 December 2011 (Article 6 of Decree Law 201/2011, converted into Law 214/2011), on 22 January 2016, the Bank of Italy began lira-euro exchange operations at its branches.

Branches

The Bank's geographical organization consists of Branches located in the regional capitals and in some provincial capitals. The Branches' activities relate to the State treasury service, banking and financial supervision, banknote circulation, payment system and economic analysis and statistical surveys at the local level.

International Technical cooperation

The Bank of Italy shares its knowledge and experience with the central banks and financial authorities of the emerging countries, supplying staff training activities and technical consultancy.

Bank of Italy's Art Collection

By making its art collection available on its website the Bank of Italy offers the general public the opportunity to view and admire the most important works in its possession. The precious and varied collection has been built up over time through numerous purchases and today it covers a vast time span and many geographical areas.

Agenda

  1. 18 April Publications Economic Bulletin Rome
  2. 23 April Statistics Italy's international reserves and foreign currency liquidity Rome
  3. 25 April Publications ECB Economic Bulletin Frankfurt
  4. 29 April Statistics Italian contribution to euro-area monetary aggregates and Summary data on Monetary Financial Institutions resident in Italy Rome
  5. 30 April Publications €-coin Rome
  6. 30 April Statistics General government operations Rome
  7. 30 April Statistics Other financial corporation Rome
  8. 30 April Statistics Banks and Financial Institutions: Financing and Funding by Sector and Geographical Area - Monthly Tables Rome
  9. 30 April Statistics Sectoral balance sheets Rome