Share Name Share Symbol Market Type
Intesa Sanpaolo Spa BIT:ISP Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.067 3.99% 1.7452 1.7462 1.747 1.7498 1.6866 1.7032 126,062,052 16:35:39

Intesa Sanpaolo Is Reviewing Russia Presence

03/03/2022 3:52pm

Dow Jones News


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By Cristina Roca

 

Intesa Sanpaolo SpA is conducting a strategic review of its presence in Russia, a spokesman for the bank said Thursday.

Intesa, Italy's largest bank by assets, had a total loan exposure to Russia of 5.57 billion euros ($6.19 billion) at the end of 2021, around 1% of its total.

"We are fully committed to helping our colleagues based in Ukraine by welcoming them in the other countries where we operate," the spokesman said.

"We fully condemn what is happening," he added.

 

Write to Cristina Roca at cristina.roca@wsj.com

 

(END) Dow Jones Newswires

March 03, 2022 10:37 ET (15:37 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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