The Commission has cleared the take-over of southern Italy’s largest bank, Banco di Napoli…

Series Title
Series Details 23/07/98, Volume 4, Number 29
Publication Date 23/07/1998
Content Type

Date: 23/07/1998

...following a lengthy investigation into whether new owners, insurance company INA and public bank Banca Nazionale del Lavoro, would provide it with a viable future. The Naples-based bank was saved from collapse in 1996 after notching up record debts.

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