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Mps, lost 23.5 billion in a decade

2021-02-10T15:19:32.101Z


With the loss of 1.69 billion in 2020, the losses accumulated by Mps in the last decade, starting from 2011, amounted to about 23.5 billion euros. (HANDLE)


(ANSA) - MILAN, 10 FEB - With the loss of 1.69 billion in 2020, the losses accumulated by Mps in the last decade, starting from 2011, amounted to about 23.5 billion euros.


   The Sienese institute, emerges from the financial statements, closed in the red 8 of the last 10 years, marked by the overvalued acquisition of Antonveneta, the derivatives scandal and the explosion of impaired loans. Between 2011 and 2017 the bank, which capitalizes less than 1.4 billion on the stock market, requested 18.5 billion from the market in the form of capital increases, of which 5.4 provided by the state with the precautionary recapitalization of 2017. (ANSA).


Source: ansa

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