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Banca Passadore: 2013 net profit +20% year on year

2013 of the independent bank based in Genoa closed with a net profit growing by more than 20% on an annual basis, to 12 million euro – Direct deposits and securities on deposit with customers also increased: the board of directors proposes a dividend of €0,11 per share, up 10% on an annual basis.

Banca Passadore: 2013 net profit +20% year on year

The 2013 of Banca Passadore goes on file, which ended with a net profit growing by more than 20% on an annual basis, at 12 million euro. Direct deposits also increased, +7,9% to 1 billion and 759 million euros, and customer securities on deposit, +5,8% over the year to 3 billion and 309 million.

The Board of Directors of the institute based in Genoa has decided to propose to the next shareholders' meeting the distribution of a dividend of 0,11 euro per share, an increase of 10% compared to the last financial year.

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