October 15, 2016 / 1:16 PM / in 9 months

BRIEF-Banco Popolare to report 2016 loss due to loan writedowns

1 Min Read

Oct 15 (Reuters) - Banco Popolare Sc

* Banco Popolare CEO says will report a loss for 2016 financial year due to loan writedowns requested by the European Central Bank.

* The ECB asked for the loan writedowns as part of its agreement to approve Banco Popolare's planned merger with Banca Popolare di Milano. Source text for Eikon: Further company coverage: (Reporting by Milan Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below