Bank of Italy

Banca d'Italia (The Bank of Italy) is the central bank of the Republic of Italy and part of the European System of Central Banks (ESCB) and the Eurosystem. In performing its tasks the Bank operates autonomously and independently, in compliance with the principle of transparency and the applicable provisions of Community and Italian law.

It is a public-law institution and pursues aims of general interest in monetary and financial matters: price stability, the primary objective of the Eurosystem under the Treaty establishing the European Community (the EC Treaty); the stability and efficiency of the financial system, thus implementing the principle of the protection of savings embodied in the Constitution (Article 47(1) "The Republic encourages and protects saving in all its forms, it regulates, coordinates and controls the provision of credit"); and the other duties entrusted to it by Italian law.

HQ: Roma, Italy
Founded: 1893
ID: 60. Updated: 13.04.2023