"Despite the umbrella provided by the government I still believe the economy and the state must remain separate," Giovanni Toti told a press conference to present the renewal of the contract with Carige as the region's treasurer.

"I disagree with the nationalisation of banks or other businesses ... I hope capital and partners can be found autonomously for the bank to go on."

Carige is based in Liguria's biggest city Genoa.

(Reporting by Valentina Za, editing by Stephen Jewkes)