July 3, 2019 / 10:19 AM / in 16 days

REFILE-Italy's Popolare di Bari again revises up 2018 net loss

(Changes day of the week to Wednesday from Tuesday)

MILAN, July 3 (Reuters) - Popolare di Bari, Italy’s largest southern bank, said on Wednesday it had revised upwards its 2018 loss for a second time due to higher loan losses, pushing its core capital buffer further below a minimum threshold set by the central bank.

Popolare di Bari, widely seen as a rescue candidate and a potential headache for the government, said its 2018 loss now stood at 420.2 million euros.

The CET1 capital was recalculated to stand at 7.19% of assets. That compares with a minimum requirement of 8.83% set by the Bank of Italy. (Reporting by Valentina Za)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below