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Italian banks show interest in cooperation with Belarus’ banking industry

“Italian banks are interested in boosting the cooperation with the Belarusian banking sector. Their participation in privatization of Belarusian banks is possible as well,” Domenico Santececca, Chief of the Italian Banking Association, told the round table which was held during a visit of Italian banks’ delegation to Belarus.

Domenico Santececca noted that is an attractive region for Italian banks. “At the same time, we should take into consideration that during the global crisis, the process of Italian banks’ expansion into the world markets has slowed down,” he said. “However, the crisis will come to an end and everything will be started again. Foreign banks are interested in the Belarusian banking sector”, he noted. 

According to the Head of the Italian Banking Association, “the production structure in Belarus is stable”. The country should be more open towards the European Union, he added.

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