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Italian banks' NPLs fall below 30 bn

Down 67% since 2015

Redazione Ansa

(ANSA) - Rome, November 14 - The amount of non-performing loans (NPLs) held by Italian banks fell to 29.3 billion euros in September from 32.3 in August and 40.2 billion in September 2018, the Italian banking Association (ABI) said Thursday.
    The fall since the peak of 88.8 billion euros in November 2016 was over 57 billion euros, or 67.1%.
    The ratio of bad loans to total loans was 1.69% in September 2019, down from 2.34% in September last year.
   

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