Italy's Draghi calls on banks to raise capital

Mario Draghi, the governor of the Bank of Italy, has urged the country's banks to increase their capital ratios in order to shore up confidence in the financial sector.

Draghi told lawmakers on Tuesday that the banks had to use "every opportunity" to raise their capital ratios, including taking advantage of Rome's offer to buy up to €12 billion-worth ($15.6 billion) of their bonds. Banco Popolare is, as yet, the only lender to use the scheme, which was devised at the end of February.

Many of the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.