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News 2026-07-03 12:48 UTC

Moody's Puts Banca Ifis on Downgrade Review Following Supervisory Inspection

() -- Moody's on Friday put Banca Ifis (IF.MI) and its unit illimity Bank's ratings on review for downgrade following the Bank of Italy's supervisory inspection of the group. The rating agency said the lender reported additional loan loss provisions of 30 million euros following the inspection. The amount is on top of