MILAN May 5 Nine Italian banks among the 15 under scrutiny by the European Central Bank in a health-check of euro zone lenders this year are in the process of raising additional capital from investors to strengthen their balance sheets.
NAME AMOUNT TIMING
(mln euros) 1 BANCA MONTE DEI PASCHI DI SIENA 5,000 BY SUMMER
2 BANCO POPOLARE 1,500 COMPLETED 3 BANCA POPOLARE DI VICENZA 1,000 - 4 BANCA CARIGE 800 JUNE 5 BANCA POPOLARE DI MILANO 500 May 5 - 23
6 VENETO BANCA 500 H1 7 PICCOLO CREDITO VALTELLINESE 400 H1 8 BANCA POPOLARE DI SONDRIO 350 2014 9 BANCA POPOLARE EMILIA ROMAGNA * 800 -
(*) The bank's board meets on Tuesday to approve the rights issue. A source close to the matter said the bank could aim to raise up to 800 million euros, confirming a media report. (Reporting by Valentina Za, editing by Louise Heavens)