Report

Update: Positioned for strong growth

The key development in Q215 was the already announced crystallisation of
the bond portfolio profits, generating a pre-tax gain of €124m. This realised
gain is now in regulatory capital. The core business continued to show
good growth, especially in the distressed loans and tax receivables units
(revenue growth was 9%), and credit quality remained excellent. Further
investment has been made to grow existing and new business lines.
Underlying
Banca IFIS

Provider
Edison Investment Research
Edison Investment Research

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