The long-standing weakness in
the Italian economy led to a jump of 17.8% in non-performing
loans last year compared with 2013, the Association of Italian
Bankers (ABI) reported Tuesday. Bad loans totalled 183.7 billion
euros in 2015 and in November, bad loans had grown by 2.5
billion euros, it said. However, demand for consumer and
business credit began to rise near the end of 2014, suggesting
positive signs for the economy. Loans to business rose by 12.1%
in the fourth quarter, and consumer credit gained 9.2%.
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