trending Market Intelligence /marketintelligence/en/news-insights/trending/w_-7l664ttzzkjwvrgemjw2 content esgSubNav
In This List

Italian banks' net bad loans decline in July, lowest since December 2010

Video

S&P Capital IQ Pro | Powering Your Edge

Podcast

Street Talk Episode 81: Amid strong recovery, Banc of California hearing more M&A chatter

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage

Blog

Banking Essentials Newsletter: September Edition


Italian banks' net bad loans decline in July, lowest since December 2010

Net bad loans at Italian banks hit their lowest level since December 2010, falling to €40.13 billion in July from €42.76 billion in June, according to Banca D'Italia SpA data cited by Reuters.

The Italian central bank added that gross bad loans sunk to their lowest since January 2013, declining to €127.48 billion in July from €131.74 billion in June.

July deposits at the banks reportedly increased 4.6% on an annual basis, although still lower than the 6.8% increase in June.