Acceptances of the settlement proposal formulated by Veneto Banca and concerning around 75.000 old shareholders exceeded 60 per cent. So he approaches the 80 percent threshold: a goal that only a few days ago seemed very far away and which represents a decisive precondition for the public rescue of the institute.
Meanwhile, the managing director of Banco Bpm, Giuseppe Castagna, has opened up the possibility of using Atlante 2 for the further recapitalization of Banca Popolare di Vicenza and Veneto Banca. “To talk about it today would seem inappropriate to me, there is an ongoing debate with the European Commission and with the European Central Bank – he said on the sidelines of the Business & Finance Forum organized by the Brescia industrial association – Let them work in peace, when the need for the Veneto banks will be clarified, it will be understood whether it is better to do it with an instrument rather than with state intervention”.
Less than a month ago Castagna said he was against the possibility of using the residual funds of Atlante 2 for the Veneto banks, recalling that the fund was also created with the aim of allocating a part of the resources to resolve the issue of non-performing loans (Npl ).
