Italian banks face deposit outflows while advancing digital data‑driven transformation

The ABI (Associazione Bancaria Italiana) monthly report for June shows Italian banks lent €1.318 trillion, up 3.3% year‑on‑year, while total bank deposits fell by roughly €16 billion as households moved cash into higher‑yield assets amid inflation above 20%. The decline in low‑interest current and savings accounts reflects a shift toward government bonds, equities and other investment vehicles.

At the same time, CBI – the consortium owned by Italy’s banks – is transitioning from a transactional hub to a data‑driven company. It is expanding digital payment services, open‑banking platforms and AI‑based analytics, reporting a 14% revenue increase over the previous year and an EBITDA margin of 21%, while supporting daily cash‑management transactions for about 3 million enterprises.