While Bnp Paribas scores Prevention higher than expected, Bnl, the Italian subsidiary of the Group, brings home good results. The National Labor Bank closed the third quarter of 2011 with gross profit of 135 million, up 18,4% compared to the same period last year. Jobs are also growing, which recorded an increase of 5,7% to 3,9 billion euros compared to 2010.
Both i have increased business loansand, thanks above all to the good performance of factoring, both i loans to individual customers, thanks to the trend in consumer credit, explains a note. I am instead deposits are declining, due to the strong competition they face in Italy. Operating income increased by 8,2% to 780 million in the third quarter of 2011. Following the opening of 6 new agencies, operating costs recorded an increase of 1,4% while the gross result of management grows by 2,8% compared to the same period last year.
