Italian banks hold most of Europe's loan reserves – EBA

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 copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: