Italian Bank Reports Decline In Bad Loans

Banco Popolare, Italy’s fourth-largest lender, reported an 8% decline in net write-downs of bad loans in the second quarter, the first bank in the country to do so, amid signs that the economy in the region is recovering.

  • 28 Aug 2013

Banco Popolare, Italy’s fourth-largest lender, reported an 8% decline in net write-downs of bad loans in the second quarter, the first bank in the country to do so, amid signs that the economy in the region is recovering.

Click here to read the story from Reuters.

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