MILAN Jan 10 Private sector deposits held at
Italian banks rose again in November but loans to businesses
continued to decline, Bank of Italy data showed on Thursday.
Data from the central bank showed that private sector
deposits rose 6.6 percent in November from a year earlier, after
an increase of 4.7 percent in October.
Lenders however did not pour that money back into the
economy, and loans to non-financial firms fell 3.4 percent - the
seventh consecutive monthly decline.
Bad loans, a major concern for investors, rose by 16.7
percent from a year earlier.
(Reporting By Silvia Aloisi; editing by Danilo Masoni)