February 6, 2018 / 10:12 AM / 3 months ago

BRIEF-Intesa Sanpaolo can cut gross NPE ratio below 10 pct this yr-CEO

Feb 6 (Reuters) - Intesa Sanpaolo CEO Carlo Messina tells analyst presentation:

* BELIEVES BANK CAN REDUCE GROSS NON-PERFORMING EXPOSURE RATIO BELOW 10 PERCENT ALREADY IN 2018

* “STRONG” REGULATORY PRESSURE HAS CONVINCED BANK TO CONSIDER BAD LOAN DISPOSALS IN ADDITION TO INTERNAL RECOVERIES

Further company coverage: (Reporting by Milan Newsroom)

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