In Italy, 427 billion in household savings (over 10% of financial wealth) are exposed to the potential risk of bail-in, the new internal bank rescue procedure introduced in January with European rules. This is indicated by the Bank of Italy in the Financial Stability Report.
Savings potentially at risk are those held by households in deposits of over €100 but also in bank, senior unsecured and subordinated bonds.
Deposits over €100 are estimated at €225 billion (5,6% of household wealth), senior unsecured bonds amount to €173 billion (4,3%) and subordinated bonds at €29 billion (0,7% of household wealth). financial). The photograph is as of September 30th.
The interest of Italian households in bank bonds, among other things, was already declining before the bail-in as a result, recalls the Via Nazionale report, of the increase in the tax rate from 12,5 to 20% in January 2012 and 26% since July 2014.
