The Italian banking system is among the last in Europe for levels of return on equity (Roe), data from the European Central Bank show. According to the figures, the average Roe of Italian banks was around 1.6% last year, a level that leaves only Portugal behind Italy, which actually has a negative Roe (-2.54%). Germany is positioned slightly higher than Italy, with an average Roe of banks at around 2.13%. The Roe recorded among French banks is notably higher (7.09%). Countries at the top of the list of the major European banking systems include Belgium (9.61%) and the Netherlands (8.67%).
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