As mentioned before, the findings were in line with those of other advanced countries and confirm the need for financial education programmes: about 50 per cent of Italian households do not possess the basic knowledge required to make informed decisions on the most common financial transactions. Since 2007, the Bank of Italy’s website contains a section dedicated to financial education.
It attempts to provide easily understandable information on the main banking products as well as clear explanations of banking, economic and financial matters. In the near future it will be made more interactive and attractive to the public. Young people, students in particular, are a priority target of the Bank of Italy’s financial education programmes.