Banca Popolare di Vicenza’s 2016 figures show a €1.9 billion loss, sparking concerns that its application for a state bailout may be deemed unviable by European Central Bank regulators because the lender’s core capital has fallen below the minimum threshold of 10.25%. Rival banks Monte dei Paschi di Siena and Veneto Banca are also requesting bailout aid from the Italian government.
Source: Reuters (28/03/2017)
