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Bank profitability rises

Private sector loans slowly recovering

Redazione Ansa

(ANSA) - Rome, April 29 - The profitability of Italian banks has risen but it is still below the average for EU banks, the Bank of Italy said Friday. It added that "tensions on some intermediaries have eased after November's rescue of four (failed) banks. The BoI also said loans to the private sector were recovering, but "slowly".
   

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