Giovedì, 20 Settembre 2018
MILAN

EU banks suffer 100 bln euro hit from crisis in 2 years

English
© ANSA

Milan, July 12 - European banks have been faced
with extraordinary costs of almost 100 billion euros as a result
of the economic crisis the area suffered in the 2011-2012
period, according to the latest annual R & S Mediobanca report
issued by Italy's largest investment bank.
The costs have been offset by some 45 billion euros raised
in the period by the region's lenders.
The extraordinary costs US banks had to account for in the
period totalled about 36 billion euros, according to the report.

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