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Moody's keeps negative outlook for banks (2)

Agency cites increasing pressure to reduce problem loans

Redazione Ansa

(ANSA) - Milan, October 17 - Moody's said Tuesday that it has maintained its negative outlook for the Italian banking system. The ratings agency cited ongoing balance-sheet fragility and increasing pressure for lenders to reduce their large stock of problem loans amid limited prospects for raising new capital.
   

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