Rise in non-performing loans at Italy banks slows in March

MILAN Fri May 9, 2014 4:55am EDT

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MILAN May 9 (Reuters) - Non-performing loans at Italian banks rose 23.0 percent year-on-year in March, a slower pace than the 24.3 percent rise recorded in February, Bank of Italy data showed on Friday.

Holdings of Italian government bonds at Italy-based banks stood at 395.6 billion euros in March, slightly up from 392.4 billion euros in February, according to data that are partly calculated at market value, it said in a separate statement. (Writing by Danilo Masoni; Reporting by Lisa Jucca)

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