June 25, 2019 / 7:51 AM / 3 months ago

Italian rescue plan for Carige sees cash call of up to 800 mln euros - source

ROME, June 25 (Reuters) - Italian banks's rescue plan for ailing lender Carige envisages a larger than planned cash call of up to 800 million euros ($911 million), a source close to the matter said on Tuesday.

The Genoa-based lender, which was placed under special administration by the European Central Bank in January, had been thought to have a capital shortfall of 630 million euros. ($1 = 0.8781 euros) (Reporting by Stefano Bernabei, Writing by Giselda Vagnoni Editing by Louise Heavens)

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