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Because of the crisis Italy is an opportunity for international investors

Giuseppe Castagna, Chief Executive Officer Banco BPM​.

Contrary to the general perception, banks in Italy acted promptly in providing liquidity. “More that 50,000 grants up to Euro 25,000 were provided swiftly to micro enterprises by Banco BPM … we do not expected a resurgence of NPLs in 2020 as banks are better capitalized and resilient … leadership must implement reforms and exploit the current European goodwill … because of the crisis Italy is an opportunity for international investors” states its CEO.

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