Monte dei Paschi posts Q1 loss hit by COVID-19 provisions, one-offs
Italy’s state-owned bank Monte dei
Paschi di Siena posted a 244 million euro ($263
million) loss in the first quarter after writing down loans due
to the economic fallout from the pandemic.
Paschi di Siena posted a 244 million euro ($263
million) loss in the first quarter after writing down loans due
to the economic fallout from the pandemic.
Posted by Reuters
