Net NPLs 'only' 88.9 bn says ABI (2)

(ANSA) - Rome, February 16 - The amount of Non-Performing Loans (NPLs) in the Italian banking sector is a net 88.9 billion euros, the Italian Banking Association (ABI) said, pointing out that this was much lower than gross figures. It said the media were giving a "misleading" impression of bad loan woes by continually citing a gross Bank of Italy figure of 200.9 billion euros.