Italy banks should set aside resources for unfavourable scenarios, central bank says

ROME (Reuters) -Italian banks should use resources generated by the current favourable period to strengthen their capacity to cope with unfavourable scenarios, the country's central bank governor Fabio Panetta said on Tuesday.

Addressing a financial conference in Rome, Panetta also called on domestic lenders to invest more in innovation, IT security and support economic growth.

(Reporting by Giuseppe Fonte, editing by Alvise Armellini)