Banca di Pisa and Fornacette, Banco Fiorentino: “We are awaiting authorization from the ECB. We will safeguard members, jobs and territory”

Banca di Pisa and Fornacette, Banco Fiorentino: “We are awaiting authorization from the ECB. We will safeguard members, jobs and territory”
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The general director of Banco Fiorentino Mugello Impruneta Signa, Davide Menetti, spoke on the merger operation carried out together during the press conference to illustrate the numbers of the financial statements which will be presented to the shareholders’ meeting on 5 May 2024. to the Bcc of Banca di Pescia and Cascina. “An operation – he says – that is complex and demanding also from an economic and financial point of view. We will safeguard jobs, members and the territory. We will invest and do no more or less than what we do in our historic territory. We are intervening in a situation of serious disruption, which is rather complex.” The year closed with a net profit of 36.411 million euros, total customer deposits of 1,657 million euros, and net loans to families and businesses for a total of 843.8 million euros. The capital ratios confirm the solidity of Banco Fiorentino and are further strengthened: the CET1 ratio, the ratio between CET 1 (mainly represented by ordinary paid-in capital) and risk-weighted assets, is equal to 33% (with an increase of 270 points percentages compared to 2022) and the net assets reach 266 million euros. (video Ilenia Reali)

 
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