Non-performing loans reach new record of 197 bn

ABI puts rise down to long-running economic crisis

(ANSA) - Milan, September 15 - Non-performing loans reached a new record level of over 197 billion euros in July, up from 195.8 billion euros in June, the association of Italian banks ABI said Tuesday.
    The rise in non-performing loans could be seen as a consequence of the persistence of the economic crisis and its effects, ABI said.
   

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