Corrado Passera Says Specialized Banks Are the Future

The video discusses a strategy to buy a bank license to expedite market entry, focusing on investing in specialty banks that target specific market segments. It highlights opportunities in servicing second-tier SMEs, which are underserved by current banks. The industry is undergoing a redesign, and specialty banks are expected to play a significant role. Digital banks, free from legacy systems, can optimize costs and offer quality services.

How does the speaker view the current lending practices of larger Italian banks?

What advantages does the speaker suggest fully digital banks will have?