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.

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