The Bank of Italy is the central bank of Italy.In 1893, it was formed by the merger of the National Bank of Tuscany, the Credit Bank of Tuscany and the National Bank of Tuscany.Before 1926, he shared the issuing right of bank notes with Napoli Bank and Sicilian Bank, and in 1926, he obtained the monopoly right of issuing bank notes.In 1936, it was reorganized as the Public Law Bank.The total capital is 300 million lira, divided into 300000 shares, which are mainly subscribed by savings banks, public credit institutions, national banks and insurance companies.The Bank is administratively subordinated to the Treasury Department and follows the advice of the Inter ministerial Credit and Savings Committee on credit policies.There are 12 senior board members nominated by the bank's shareholders' meeting and approved by the President of the Republic.The head office is in Rome. In 1985, there were 97 branches in China.[1]
Headquartered inthe city of RomeThe current bank president of Koch Palace on Republic Avenue is Ignazio Visco.The responsibilities of the Bank of Italy include: market supervision, supervision of the payment system, provision of settlement services, treasury services, central credit database, economic analysis and advisory institutions.
Basic information
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Bank of Italy
Chinese name: Bank of Italy
Foreign name: Banca d'Italia (Italian), Bank of Italy (English)
Other name: Central Bank of Italy
Country: Italy
Headquarters: Rome
President: Ignazio Visco
Successive presidents
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The current president of Bank of Italy isNaplesThe term of office of Inyazio Visco began in November 2011.[2]
