Businesses of high standing would stand to obtain better conditions from other banks able to apply capital charges more consistent with the riskiness of the financing. The revision of the capital adequacy framework is a major challenge for Italian banks.
The decisions regarding the formulation of the systems for classifying credit risk will have to be taken according to the internationally agreed timetable, in the knowledge that the trend is towards greater use of internal models. The Italian banking system has a good knowledge of the world of small and medium-sized enterprises deriving from its close contact with local economies.