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Italian Banking System Overview
Problem loan ratio European banksProblem loan ratio Italian banks
20
10
0
17.3%
5.1 %
Top 5 Bank by Assets and Market Share
Domestic market share (loans)Total Assets €bn
20%
15%
10%5%
0%
1000
500250
750
0
827
11.3%788
19.5%
1686.2%
1447.0%
1344.6%
UniCredit IntesaSanpaolo
Banco BPM Banca Monte deiPaschi di Siena
Unione diBanche Italiane
Distribution of Ratings: Highest Italian Bank Rating is A3
Government of Italy – Key Data
Italian Banking System Data
Avg. DepositRating Baa2
Average SeniorUnsecured and
Issuer Rating Baa2
Average BaselineCredit
Assessment ba2
OutlookNegative
RatingBaa2
OutlookNegative
Real GDP growth2017f: 1.3%
GeneralGovernment Debt/
GDP %: 132%
*All numbers approximate due to difference in reporting months
€349 billionProblem loans
23Italian banksrated by Moody’s
€2.1 trillionTop 5 banks combined assets
€3.9 trillionTotal Italian banking
system assets
Problem Loans
© 2017 Moody’s Corporation, Inc. and/or its licensors and affiliates. All rights reserved. Data as of 13 October 2017.
12.8%
Italian banks continue to face a challenging environment. This infographic highlights the system's large stock of bad debt, and negative outlooks.
For more information on Italian banks at moodys.com/italianbanks
Italian Banks Funding
67%
24%
,
9%
Retail fundingWholesale fundingEurosystem refinancing
Average CET1 ratio
Asse
ts €
bn
Problem Loans Mostly Comefrom SME and Corporates
Corporate & SMEsOther Residential mortgages Micro enterprises (up to 5 employees)Consumer credit
72%
8%
12%
7%
2%
Note: Problem loans and CET1 ratio refer to December 2016, and they are sourced from Bank of Italy and European Banking Authority. Average CET1 includes €22 billion of equity raised by rated Italian banks after June 2017
0
1
2
3
4
5
6
7
A1 A2 A3 Baa1 Baa2 Baa3 Ba1 Ba2 Ba3 B1 B2 B3 Caa1 Caa2 Caa3 Ca C
Num
ber o
f ban
ks