London, 15 July 2014 -- The outlook for Italy's (Baa2 stable) banking system continues to be negative, because of continued deterioration of asset quality and low core profitability in the context of a stabilising but still fragile economy and low credit demand, says Moody's Investors Service in a new report published today. The new report "Banking System Outlook: Italy", is now available on www.moodys.com. Moody's subscribers can access this report via the link provided at the end of this press release.
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