A 168 bn euro burden of Stage 2-classified loans is on the books of the 5 major Italian banks on Sep 30. Meanwhile gross NPEs grow slightly to 58.2 bn euro

There were approximately 58.2 billion euros of gross non-performing exposures (NPEs) on the balance sheets of the top six Italian banking groups (now considering UBI Banca integrated into Intesa Sanpaolo) at the end of September 2021, up slightly from the 57.4 billions at the end of June (see here a previous Insight View by BeBeez), when the last drop from the 65 billions at the end of December 2020 was recorded (see here a previous Insight View by BeBeez). All this, therefore, with a gross NPE ratio of 4.68% from 4.64% at the end of June. BeBeez calculated this numbers on the basis of the reports on the quarterly results as at 30 September 2021 of Unicredit, Intesa Sanpaolo (now considering UBI Banca integrated), MPS, Banco BPM, BPE