As the IMF stated in its recent Financial System Stability Assessment for Italy, the provision of additional domestic resources, both deposits and capital, has enabled the Italian banking system to withstand the dramatic sequence of external shocks to the global and the European economy since 2007 almost exclusively with its own resources.
The loan component of the working capital limits is being gradually enhanced. However, banks are now free to fix the maturity period of the loans on their own. The limits set on the extent of bank credit that can be made available to Non-Banking Financial BIS Review 52/1997  -4-  Companies (NBFCs) has been removed.