April 11, 2018 / 6:49 AM / 5 months ago

BRIEF-Banca Sistema Issues 2018-2020 Strategic Plan

April 11 (Reuters) - BANCA SISTEMA SPA:

* SAID ON TUESDAY THAT THE BOARD HAD APPROVED THE STRATEGIC PLAN TO 2020

* SEES FACTORING TURNOVER IN 2020 AT EUR 3.3 BLN

* TARGETS CET1 RATIO OF ABOUT 10.5 PCT OVER THE PLAN’S PERIOD AND ABOVE 11 PCT BY 2020

* TARGETS ADJUSTED INTEREST INCOME MARGIN OF 400-450 BASIS POINTS IN 2018-2020

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Further company coverage: (Gdynia Newsroom)

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