Home » Castagna: «BancoBpm is price over 12 billion. Risk stopped till no less than 2026″

Castagna: «BancoBpm is price over 12 billion. Risk stopped till no less than 2026″

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Castagna: «BancoBpm is price over 12 billion.  Risk stopped till no less than 2026″

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What’s subsequent for BancoBpm? «Continue to develop on our personal, maybe by getting into into agreements with native banks or buying networks of promoters to capitalize on the potential of product factories». Mps? “The circumstances will not be there.” Banking danger in Italy? “He might be out of motion for no less than 18-24 months.” Returning from a world highway present, the CEO of BancoBpm Giuseppe Castagna displays on the expansion instructions (and challenges) that await his financial institution. But on the similar time, from his headquarters in Piazza Meda, on this interview with Il Sole 24Ore the Neapolitan banker discusses the prospects of the Italian financial system and, above all, of the home banking sector. Which, not like some expectations, is not going to change its “construction”, no less than within the brief time period, says the supervisor.

Let’s begin from the context: the primary quarter marked a wonderful begin for BancoBpm. However, in keeping with forecasts, the ECB will start reducing charges in June. Is the height curiosity margin behind us?

I might not say. On curiosity revenue we nonetheless have room for development and we anticipate 2024 to be higher than 2023. In 2025 and 2026 there might be a decline, and it’s inevitable, however we’ve got ample alternative to compensate for the decline in curiosity revenue with commissions. The trajectories of our industrial plan to 2026 are proving to be right.

The potential situation of impaired credit score stays for everybody. What alerts do you will have from the world of credit score, between stage 2 and assured credit?

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Very comforting additionally due to the superb high quality of entrepreneurship current in our territories. Today the standard of credit score has considerably improved in comparison with the previous. It is true that there was a slowdown in disbursements which has led us to undertaking a price range of 1% development in loans within the coming years, in comparison with 3-4% previously. Then we’re way more selective, and subsequently there’s a pure enchancment within the high quality of the debtors. Furthermore, we’ve got a robust deal with monitoring to stop potential deterioration.

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