The Limited Times

Now you can see non-English news...

Banks: First, interest increase pushes big accounts to 6.2 billion

2022-08-06T08:06:44.233Z


The increase in interest rates on the market, which has pushed up the interest margin, is the fuel of the half-yearly financial statements of the top five Italian banks, which posted a total profit of 6.2 billion. (HANDLE)


(ANSA) - ROME, AUGUST 06 - The increase in interest rates on the market, which has pushed up the interest margin, is the fuel for the half-yearly balance sheets of the top five Italian banks which have posted a total profit of 6.2 billion.

This is what emerges from a study by the First Cisl union on the results of Intesa Sanpaolo, Unicredit, Mps, Banco Bpm, Bper, which are also burdened by 2.2 billion in write-downs for Russia.


    Net interest rates thus rose by 5.7% "following the rise in rates, which should have its greatest effect in the coming quarters" given the orientation of central banks.

The running of the commissions stops.

(HANDLE).


Source: ansa

All life articles on 2022-08-06

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.