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Bcc Rome: 17,1 million profit and growing estimates

The largest Italian cooperative credit bank achieved a net profit of 17,1 million in the nine months of the current year, with an interest margin of 131,7 million (+4,2%) and a intermediation equal to 205,6 million (+14,2%).

Bcc Roma, the largest Italian cooperative credit bank, achieved a net profit of 17,1 million in the nine months of this year, with an interest margin of 131,7 million (+4,2%) and a the intermediation margin equal to 205,6 million (+14,2%).

 The gross operating margin settled at 71,8 million (+2,3%). Since the beginning of the year, the perimeter of Bcc Roma has expanded following the purchase of Bcc Padovana in December. The Bcc of Capranica was incorporated in July.

Bcc di Roma in the reference period had loans to customers for 7 billion with an increase, by adjusting the data due to the entry of Bcc Padovana and Bcc di Capranica into the group, of 2,9% against a -0,7 Average % of the banking sector (source Abi cited by Bcc Roma). Direct deposits amounted to 9,5 billion with an adjusted growth of 2,3 per cent.

As regards the guidance for the current year, the Bcc of Rome expects a profit of 20 million, an increase of 8,7% compared to 2015. 'These are results that guarantee corporate stability and development for shareholders, customers and local communities, always keeping in mind the needs of our territories' commented the president Francesco Liberati.

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