UPDATE 1-Italy’s Creval aims to spin off bad loans, triple net profit by 2021
Italian mid-sized lender Creval
said on Tuesday it would spin off its bad debts into a
separate unit and reduce its exposure to domestic government
bonds under a new plan seeking to triple net profit in the next
three years.
said on Tuesday it would spin off its bad debts into a
separate unit and reduce its exposure to domestic government
bonds under a new plan seeking to triple net profit in the next
three years.
Posted by Reuters
