December 3, 2019 / 8:06 AM / 5 days ago

Italy's FITD fund to consider inject capital into Popolare di Bari - source

ROMA, Dec 3 (Reuters) - The Italian depositor guarantee fund (FITD) will examine this week a plan to recapitalize the ailing regional lender Popolare di Bari which needs up to one billion euros ($1.10 billion) in capital, a source close to the matter said on Tuesday.

An extraodinary FITD meeting is scheduded for Thursday the source added, confirming the news first reported by the Italian daily Il Messaggero.

$1 = 0.9073 euros Reporting by Stefano Bernabei, editing by Louise Heavens

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