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Notes on Financial Stability and Supervision No. 43 – Bad Loan Recovery Rates in 2023

News Financial services Reports
Date: 20th Dec, 2024 Source: Bank of Italy Country: Italy Original Source

Brief

On December 20, 2024, the Bank of Italy issued an update regarding "Notes on Financial Stability and Supervision No. 43 - Bad Loan Recovery Rates in 2023". The document reports a decrease in bad loan closures to approximately 9 billion euros, down from 22 billion euros in 2022, with a corresponding reduction in cessions to 5 billion euros.

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Bank of Italy

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