Iccrea: Pastore; Npl decline continues, possible new sale

(ANSA) – ROME, MAY 18 – The Iccrea Banca group continues with the reduction of NPLs to achieve the objectives of the plan approved by the ECB and plans “a possible new securitization” if the Gacs public guarantees are extended as well as waiting for “a good profit for 2022 “almost all destined to reserve. This was stated by the dg Mauro Pastore on the sidelines of the Federlus board of directors according to which “we are at a NPE rate (exposure to bad loans ed) of 6% starting from a number that was more than double. In part this reduction is implemented with a credit recovery policy and partly with sales. We are also satisfied that, in the last transfer of 650 million euros a few days ago, banks outside the group also participated “.

For 2022 “we do not expect a great impact on NPLs from the turbulence linked” to the conflict and the problems of raw materials “but, if anything, some effects in 2023”. Quiet situation on the front of the banks belonging to the group: “we have had some difficult situations but we have solved them in some cases with aggregations. The support actions put in place are working”. (HANDLE).

Source: Ansa

Share this article:

Leave a Reply

most popular