Bank of Italy to inspect finances of top lenders as bad loans could exceed £216bn
The Bank of Italy is said to be inspecting the finances of some of the country's top lenders, according to reports from the Wall Street Journal.
As expected, the Bank of Italy is investigating about NPLs ratio in Italian banks’ balance sheets.
— Fabrizio Goria (@FGoria) July 29, 2013
According to Linkiesta, non-performing loans could exceed €250bn (£216bn) and have tripled since 2007.