Article source
Reuters
Article date
Mon, Mar 25, 2013
Increasing provisions for bad loans and developing a market to dispose of impaired assets would shore up the defences of Italian banks, the International Monetary Fund said on Tuesday.
In a report following a mission to Italy, the IMF said the Italian banking system was on the whole well capitalised but lenders still faced risks because of a prolonged recession and their big holdings of domestic sovereign debt.