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.