NPEs of Italy’s seven major banking groups were down below 113 mld euros in H1 2019. UTPs weight for a 44%

There were just over 112.9 billion euros of gross non-performing exposures on the balance sheets of the top seven Italian banking groups at the end of June 2019, down from the 118.6 billions at the end of March, with UTP loans weighing on average for the 44% of the total, just over 43% highlighted three months earlier (see here a previous BeBeez Insight View). This was calculated by BeBeez, based on the information reported by Unicredit, Int