Bad loans at Italy’s banks surge in March-Bank of Italy

Bad loans at Italian banks rose by 21.7 percent in March compared with a growth rate of 18.6 percent in February, Bank of Italy data showed on Thursday. The Italian economy is mired in a deep recession which is translating in a rising trend of bad debts for Italian lenders. Data from the centr…

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Bad loans at Italy’s banks surge in March-Bank of Italy

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