Pay attention to your savings and protect yourself from the bank: no one ever expected to see it close.
Have i savings in bank, for most people, is a guarantee. A safe place, foolproof, with very low risks to run, in which you can store and preserve the money you manage to put aside during your life.
These days, savings have become even more important, because people are finding it increasingly difficult to have them. Unfortunately, however, there is some news that has shocked everyone account holders and which is causing a lot of discussion.
In an Italy in the midst of an economic crisis, every sector is suffering from a decline, from real estate to merchandise. In the midst of this crisis, there is also the banking sector, which had to raise the costs of managing current accounts, receiving the disdain of all account holders. But, here’s what’s about to happen, which will shake up the situation even more.
Is this the end for the banks?
All these price increases, these economic difficulties, are doing nothing but fueling the doubt that, from one day to the next, the banks could reach a real economic collapse. Credit institutions, over time, have had to face various obstacles, due precisely to the changing economic market.
There digitalisation, for example, has forced banks to question everything, changing the cards on the table and reviewing their organisation. Thus, by completely changing their approach, it seemed that they had overcome every type of difficulty, however, apparently, the shadow of the crisis still hovers over these credit institutions, causing all account holders to worry.
The situation of foreign banks
If the banks in Italy could shout “Failure has arrived“, for those abroad the situation is at an extreme. Although the stocks on the stock market seem to be pointing upwards, credit institutions are in difficulty and, in 2023, even the bankruptcy of the Silicon Valley Bank.
This is an event that has shaken everyone and which has influenced, in one way or another, also the Italian economic market and the banks of our country. An event that demonstrated that there are no certainties in life and that everything can change at any moment, even what seemed solid and firm, like an organization on par with the Silicon Valley Bank.
