MILAN Jan 22 Italy's Banca Carige
said on Wednesday market watchdog Consob was contesting a number
of accounting irregularities in its financial statements for the
full year of 2012 and the first half of 2013.
The mid-sized Genoa-based bank said it disagreed with
Consob's assessment and may challenge it in court.
It said it had already carried out a string of impairments
in its 9-month accounts to the end of September 2013, reflecting
the impact of writedowns requested by Consob.
The bank, one of a group of Italian mid-sized lenders to
have come under scrutiny as their share of bad loans rose during
Italy's financial crisis, said any restatement of the results in
question would not affect its asset base.
Carige needs to plug a capital shortfall of 800 million
euros ($1.09 billion) by March at the bank of Italy's request
and is one of 15 Italian banks being scrutinised by the European
Central Bank in a sector-wide health check up.
($1 = 0.7372 euros)
(Reporting by Isla Binnie, editing by Silvia Aloisi)