1 The value of the business model adopted by Italy’s cooperative “popular banks” (banche popolari) is a very topical issue. It is at the centre of a lively debate concerning the transformations that the category of cooperative banks has undergone, as well as the economic and productive slowdown, both of which draw attention to the relationship between bank and local area.
I am deeply touched by this mark of continued confidence in my abilities to lead the Central Bank. I will endeavor to uphold the trust placed in me and I am sincerely indebted to him for the unflinching support he extended to me since the beginning of my tenure of office.