Banco Bpm SpaMIL: BAMI

Banco BPM not working on M&A deals at the moment, CEO says

· Issued by Banco Bpm Spa

Banco BPM MIL:BAMI CEO Giuseppe Castagna says in a post-results conference call:

  • BANCO BPM CEO: WE CAN DISCUSS A POTENTIAL INCREASE IN SHAREHOLDER REMUNERATION AT YEAR-END, DEPENDING ON CAPITAL GENERATION IN THE COMING QUARTERS

  • BANCO BPM CEO: NO M&A DEALS UNDER DISCUSSION AT THE MOMENT

  • BANCO BPM CEO: WE STILL REMAIN VERY ATTENTIVE TO ANYTHING HAPPEN ON THE MARKET ON M&A, WE ARE NOT MANY LEFT

  • BANCO BPM CEO: NEVER HELD TALKS WITH CREDIT AGRICOLE ON BUYING ITS ITALIAN NETWORK, NOR DISCUSSED ANY MERGER PLANS