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Montepaschi returns to distributing dividends

Summary by La Verità
The CEO: “We have already accrued coupons of 800 million and reached the expected profit target for 2024.” A package of non-performing loans will be sold. On the decline of the MEF below 20% by the end of the year: “They have done things well so far. Let them work.” “Monte dei Paschi has already matured since...

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La VeritàLa Verità
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Montepaschi returns to distributing dividends

The CEO: “We have already accrued coupons of 800 million and reached the expected profit target for 2024.” A package of non-performing loans will be sold. On the decline of the MEF below 20% by the end of the year: “They have done things well so far. Let them work.” “Monte dei Paschi has already matured since...

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La Verità broke the news on Saturday, November 9, 2024.
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