Moody's outlook for Italian banks remains negative

(AGI) Rome, July 15 - Moody's rating agency reports that theItalian banking system "remains negative" because of thecontinuing deterioration of the quality of its assets, a lowcapacity for generating profits and a difficult operatingcontext. The rating agency said non-performing debt in Italianbanks will remain high in the next 12 to 18 months. (AGI) . .

(AGI) Rome, July 15 - Moody's rating agency reports that theItalian banking system "remains negative" because of thecontinuing deterioration of the quality of its assets, a lowcapacity for generating profits and a difficult operatingcontext. The rating agency said non-performing debt in Italianbanks will remain high in the next 12 to 18 months. (AGI) . .