Italian banks hold most of Europe's loan reserves

Louie Woodall
17 Dec 2018

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Italian lenders account for more than one-fifth of the total loan-loss reserves of European banks, and have set more cash aside to cover soured loans than Cypriot, Greek, Irish and Portuguese firms combined.

Total allowances for expected credit losses at Italian banks stood at €91 billion ($103 billion) at end-June. Aggregate allowances across 29 countries included in a European Banking Authority (EBA) assessment were €421 billion.

Of this total, €343 billion (82%) were held for stage three

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]