NPEs, preliminary data on the books of the 6 major Italian banks show a new drop to 46.9 bn euro at end 2021 with a 4.05% gross NPE ratio

There were only 46.9 billion euros of gross non-performing exposures (NPEs) on the balance sheets of the top six Italian banking groups at the end of December 2021, down sharply from the 58.2 billions at the end of September (see . . .