October 31, 2018 / 3:27 PM / in 18 days

REFILE-Higher Italy risks helping BFF Banking Group's business - CEO

(Refiles to fix typo in first paragraph)

MILAN, Oct 31 (Reuters) - Rising yields and higher risk perception of Italy are helping BFF Banking Group’s business, the lender’s chief executive, Massimiliano Belingheri, told Reuters.

Italy’s borrowing costs have been rising under a new anti-austerity coalition government that plans to boost deficit spending to revive the economy.

“Fragile markets are good for us: abundant liquidity over the past few years has made our business less attractive, while now companies need to assess if it makes sense to hold credits with a potentially longer reimbursement time,” Belingheri said.

“The higher risk perception is good.” (Reporting by Massimo Gaia and Luca Trogni, writing by Giulio Piovaccari)

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