December 18, 2017 / 10:41 AM / a year ago

Italy banks' soured loans stand at around 287 billion euros - minister

ROME (Reuters) - Problematic loans held by Italian banks have fallen more than 20 percent from their 2015 peak, Economy Minister Pier Carlo Padoan said on Monday.

Padoan told a parliamentary panel that the most recent data showed soured loans in the banking system now stood at around 287 bln euros ($338 billion) compared with a maximum in 2015 of 361 billion.

Reporting by Giuseppe Fonte, writing by Gavin Jones; Editing by Toby Chopra

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