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BRIEF-Banco BPM to complete sale of 8 bln euros worth of bad debt by June 2018 - CEO to paper
October 2, 2017 / 5:57 AM / 2 months ago

BRIEF-Banco BPM to complete sale of 8 bln euros worth of bad debt by June 2018 - CEO to paper

Oct 2 (Reuters) - Banco BPM CEO Giuseppe Castagna told Affari&Finanza in an interview:

* bank plans to complete sale of 8 billion euros ($9.41 billion) worth of non-performing loans by June 2018

* Planned branch closures could exceed 500 Further company coverage: ($1 = 0.8501 euros) (Reporting by Milan newsroom)

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