Italy banks May net NPL 76.5 bln eur, hit 3-year low - ABI

Italian banks' net non-performing loans (NPLs) stood at 76.5 billion euros in May, reaching the lowest level in three years, according to the Italian Banking Association (ABI). The net NPL-to-loan ratio dropped to 4.38% compared to 4.42% in April and 4.72% a year before. RADIOCOR