Irish reforms provide road map for Italian NPL problems
Italy and its mountain of bad debt are firmly in focus for the European banking system, with observers hoping the country can look to other European nations, particularly Ireland, for a solution to its non-performing loan dilemma.
Italy's banks have the highest number of NPLs in Europe.
The stock of NPLs is equivalent to 19% of the country’s GDP, according to a Rabobank research note, and while some progress has been made in reducing the exposure of banks — for instance, through the resolution of
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: firstname.lastname@example.org or find out more online here.