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The recovery rates of bank overdrafts improve

Posted: 27 December 2018

The recovery rates of bad debts in the balance sheets of Italian banks and sold to third parties improved at a level of 26% compared to 23% of the previous year.

On the other hand, the recovery rate of internally managed NPL improved to 44% from 43%.

Furthermore, according to a Bank of Italy study, the price of non-performing loans sold by Italian banks last year averaged 17% of the gross book value, compared to 15% of the previous year.