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ISP Intesa Sanpaolo Spa

3.5525
0.0905 (2.61%)
Last Updated: 10:18:54
Delayed by 15 minutes
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
  0.0905 2.61% 3.5525 3.5515 3.5525 3.556 3.484 3.4985 37,343,139 10:18:54

Italy's Banks May Benefit From Possible Government Measures for Economic Recovery -- Market Talk

15/02/2021 10:19am

Dow Jones News


Intesa Sanpaolo (BIT:ISP)
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Economic recovery will be a key task for Italy's new government led by Mario Draghi, and the country's banks may benefit from some possible measures to achieve this goal, Citi says. "We expect that some measures in support of economic recovery will be key and potentially a positive for banks," it says. "For example, this could include a process for reduction of new [nonperforming-loans] creation with debt restructuring/refinancing scheme for corporate clients, exit of the moratoria process, government guarantee lending scheme, payment initiative as well as credit to [small and medium-size enterprises] and small business," Citi says. (pietro.lombardi@dowjones.com; @pietrolombard10)

 

(END) Dow Jones Newswires

February 15, 2021 05:04 ET (10:04 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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