Brief: Banco Di Desio E Della Brianza Approves 2021-2023 Business Plan
17/12/2020 16:59
Dec 17 (Reuters) - Banco di Desio e della Brianza SpA
DESI.MI :
* APPROVES 2021-2023 BUSINESS PLAN
* TARGETS ROE 5.4% AND C / I RATIO 62% WITH CAPITAL
STRENGTHENING
AND TCR OVER 12% IN 2023
* UNDER THE INDUSTRIAL PLAN, 2.3% CAGR 2020-23
* SEES COST OF CREDIT WILL BE AROUND 100BPS IN TWO-YEAR
PERIOD
2021/22 WITH APPRECIABLE IMPROVEMENT ONLY STARTING FROM 2023
* CET1 WELL ABOVE THE SREP REQUIREMENTS (CET1 FULLY LOADED
2023:
10.4%)
Source text for Eikon: urn:newsml:reuters.com:*:nBIA4cqrCF
Further company coverage: DESI.MI
(Gdansk Newsroom)
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