September 12, 2017 / 8:56 AM / 12 days ago

Gross bad loans at Italian banks fall to 3-yr low in July

MILAN, Sept 12 (Reuters) - Insolvent loans held by Italian banks fell to a three-year low in July, data showed on Tuesday.

The Bank of Italy said in its monthly report that Italian banks held 173.59 billion euros ($208 billion) in insolvent loans in July, down from 192 billion euros a month earlier. ($1 = 0.8362 euros) (Reporting by Valentina Za, editing by Steve Scherer)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below