Italian Bank Reports Decline In Bad Loans

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.

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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