Monte dei Paschi posts Q1 loss hit by COVID-19 provisions, one-offs
06 May Monte dei Paschi posts Q1 loss hit by COVID-19 provisions, one-offs
Posted at 10:16h
in
News
by KMFSLLP
Italy’s state-owned bank Monte dei
Paschi di Siena posted a 244 million euro ($263
million) loss in the first quarter after writing down loans due
to the economic fallout from the pandemic.
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