Banks, in the balance sheets of the big 34 billion Utp. Ultimate Mps for Roofing

Problem loans (Utp, or unlikely-to-pay) have now by now abundantly exceeded non-performing loans (Npl, non-performing loans) in the balance sheets of Italian banks. According to the latest half-yearly data relating to the eight largest banks listed on the Stock Exchange, UTPs amounted to 34.28 billion at the end of June while NPLs fell to 23.47 billion. If the bad debts have been cut down, the UTPs on average are stable or go down little. Apart from Intesa Sanpaolo and BancoBpm, which in the last year …