Rome

Italian bad loans up 21.7% in March

Rise compares to 18.6% increase in February, says Bank of Italy

Italian bad loans up 21.7% in March

(see related story on Bank of Italy) Rome, May 9 - The number of bad loans on the books of banks in recession-hit Italy increased 21.7% in March with respect to the same month in 2012, the Bank of Italy said Thursday. The number of bad loans had increased 18.6% in February compared to the same month last year.

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