Non-performing loans in Italy to remain at pre-crisis level in 2020-2021: Outlook
ROME, Dec. 27 (Xinhua) -- The inflow of new bad loans in Italy will remain at pre-crisis levels in the next two years, although it would stop decreasing due to an economic slowdown, the Italian Banking Association (ABI) forecast on Friday.
In its new Outlook, provided together with credit rating company Cerved, ABI said levels of non-performing loans (NPLs) to non-financial companies dropped as expected in 2019, reaching 3.1 percent.