They should assess whether or not to keep impaired loans on their balance sheet according to the real likelihood of recovery. Business models As they overcome the legacy of the double dip recession, Italian banks must equip themselves with the means to cope with the new competitive environment, one in which technology plays a central role.
The rise of Fintech companies, which provide financial services at various points of 4  After the lira crisis of 1992, the bad debt ratio jumped from 5 per cent that year to 10 per cent in 1996.