Tag Archives: banks
Government rejects ‘blackmail’ by banks
P(ANSA) – Rome, April 14 – Italian Premier Matteo Renzi’s government will not accept “blackmail” by banks threatening to choke off credit to families and firms if faced with a tax hike, Cabinet Undersecretary Graziano Delrio said Monday.BR”The banks say … Continue reading
Renzi says banks must contribute
P(ANSA) – Rome, April 11 – Premier Matteo Renzi said Friday that Italy’s banks have to “do their bit” for the economic recovery after his government this week announced a hike on the taxes they must pay on their stakes … Continue reading
Italian banks prepared, IMF says
P(ANSA) – Washington, April 9 – Italian banks received a strong endorsement Wednesday from the International Monetary Fund’s (IMF) representative to the Financial Stability Board (FSB).BRThe IMF’s in-depth study of Italian banks last year revealed robust preparations to face slow … Continue reading
Saccomanni says banks must increase lending
IMG title=”” alt=”” src=”http://www.mineralfossil.com/wp-content/uploads/2014/01/wpid-dd5496256e74ee4f131b65147a532b7a.jpg” IMG class=hide alt=”Saccomanni says banks must increase lending” src=”http://www.mineralfossil.com/wp-content/uploads/2014/01/wpid-dd5496256e74ee4f131b65147a532b7a.jpg” (ANSA) – Rome, January 8 – Banks must step up their lending to business if Italy is to recover from recession, Economy Minister Fabrizio Saccomanni said Wednesday. … Continue reading
Italian banks’ bad loan ratio rises to record 9.5%
(ANSA) – Milan, October 24 – Italian banks’ bad loans as a percentage of total credit rose to a new high of 9.5% this year, up 251% from the start of the country’s longest recession in over two decades, premier … Continue reading