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CDP: 29 billion of resources mobilized in 2014 (+5%) and profit beyond expectations

The sum showed an increase of 5% on an annual basis, thanks above all to the contribution of the parent company: 19 billion, +18% on the year – The group's net profit exceeded expectations and stood at 2,1 billion.

CDP: 29 billion of resources mobilized in 2014 (+5%) and profit beyond expectations

The Cassa Depositi e Prestiti, which is assuming an increasingly important role in the Italian economic system, closed 2014 by mobilizing and managing resources for approximately 29 billion euros, with an increase of 5% on an annual basis. I use 2014

This was communicated by Cassa depositi e prestiti itself, in a note released following the board meeting, specifying that the parent company CDP alone mobilized 19 billion in 2014, with an 18% increase on an annual basis, a result which, according to the he notes, "the new financing instruments for businesses and the public administration debt advance activity on behalf of the Ministry of the Economy have made a significant contribution".

In 2014, "the stock of loans to customers and banks is expected to be in line with 2013, equal to approximately 103 billion", while, as regards liabilities, the stock of postal funding "will be around 252 billion , with positive net inflows pertaining to CDP of approximately 5 billion. Shareholders' equity is expected to grow by 8% to 19,5 billion”.

Furthermore, the group's net profit was higher than expected. to 2,1 billion euro, while the margin dropped, in line with forecasts, to 1,2 billion.

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