We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Good credit

5 February 2019 By Lisa Jucca

Italy’s top retail lender kept a dividend promise despite a weak fourth quarter and pruned 16 billion euros of dud loans from its balance sheet. That justifies its valuation premium over many rivals. But with the economy weakening at home, a richer one seems a big ask.

This content is for Subscribers only

To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)