(ANSA) - Milan, October 24 - Italian banks' bad loans as a
percentage of total credit rose to a new high of 9.5% this year,
up 251% from the start of the country's longest recession in
over two decades, premier Italian merchant bank Mediobanca said
on Thursday. The overall bad loan ratio was 2.7% in 2007.
The bad debt ratio has been increasing at a faster rate in
recent months, Mediobanca's centre of studies also noted.
Mediobanca's data showed that the share of bad debt in
Italian banks' net capital reached 81% while performing loans