The new BancoBPM plan arrives

<! – ->The financial newspaper shows that, among the securities of the banking sector, there is not only one Unicredit to catalyze the attention of the markets in view of the presentation of its industrial plan (probably scheduled in London on 3 December). There are other banks that are defining their future strategies in these last weeks of 2019.

Among them also BancoBPM, which is preparing the new business plan for December 15th. That could then receive the go-ahead from the board of directors by the first quarter of 2020.

According to MF, the new strategy of the group led by Giuseppe Castagna "should leverage above all on the commercial relaunch of the bank by improving productivity indicators". The restructuring phase is closed with the current year, "in the coming years the focus should shift from asset quality and capital strengthening to core management".

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