La recente trasformazione del credito cooperativo italiano dopo oltre un secolo di storia

This work, in the first part, traces back the historical evolution of Italian cooperative credit system, focusing on the low capitalization of institutions and on the absence, despite attempts, of an effective system of credit and financial coordination. In the second part of current analysis, focuses on the reform path culminated with the Law n. 49/2016 issued to strengthen the stability and solidity of the cooperative credit system through the intro- duction of the new legal figure of the cooperative banking group.