Total assets of the central bank in Italy 2002-2017
This statistic illustrates the value development of assets for the central bank in Italy from 2002 to 2017. Total assets of Italy's central bank have increased from 162 billion U.S dollars in 2002 to over 1.1 trillion U.S dollars in 2017.
Central banks play an important role in preventing a country's banking system from failing. The main function of a central bank is to control inflation by providing stability of its currency. They also provide a country's economy funds when commercial banks cannot cover the need. The central bank is also the sole producer and contributor of a nations banknotes and coins as well as acting as its regulatory authority for monetary policies.
Central banks play an important role in preventing a country's banking system from failing. The main function of a central bank is to control inflation by providing stability of its currency. They also provide a country's economy funds when commercial banks cannot cover the need. The central bank is also the sole producer and contributor of a nations banknotes and coins as well as acting as its regulatory authority for monetary policies.
