** Trading in shares of Italy’s Banca Sistema 
BST halted, falling 13.5% after Bank of Italy releases an inspection report on Friday
** Bank of Italy prohibits Banca Sistema from approving nor distributing dividends and variable pay packages related to the 2024 financial year until re-examination
** The report, which investigated the bank’s actions between July and October 2024, has also asked for new rules to address governance shortcomings
** As of 30 September 2024, the Bank of Italy estimates that past due loans can increase from 90 million euros ($93.58 million) to 307 million euros, resulting in a potential capital ratio drop to 12.3% from 15.5%
** Banca Akros estimates that CET1 ratio could fall to 10.4% from 12.9%
** The brokerage says that the impact can be reabsorbed in the future as past-due loans decrease due to improved origination and collection practices.
($1 = 0.9617 euros)