Carlo Messina, CEO of Intesa Sanpaolo
Chief executive Carlo Messina presented Intesa Sanpaolo’s 2018 to 2021 business plan in February, positioning the bank as a fee-driven, efficient and low-risk wealth management company and a leading bank for corporate social responsibility.
What the market most wanted to hear about, however, was the plan for non-performing loans (NPLs).
The new plan is for the bank to cut its volume of net NPLs from €22.5 billion to €12.1 billion by 2021.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
