Bper, Montani: “A 2023 to be framed, already closed slowly to 2025”

The institute’s CEO: “Significant year, convinced of confirming performance in this one too”

“2023 has confirmed itself as a year to remember”, in which Bper can boast “data that go well beyond the favorable situation of the banking system”. The CEO of Bper Banca Piero Luigi Montani underlined this in a conference call when commenting on the data relating to 2023. “In recent years – he recalls – we have carried out aggregations, integrating 988 branches of the two banks taken over, with 2.5 million of customers and 4,800 employees. In short, we have completed all the actions of the 2025 plan: we closed it at the end of 2023, in just two years, and we are proud of this too.”

“2023 was a particularly significant year in which the Bank managed to achieve excellent results which confirm its persistent ability to generate revenues. Credit risk indicators remain at very low levels and capitalization levels remain solid”.

“A bank made up of people who share the same mission – he states -: to support and connect people, businesses and communities to help them develop their ideas, protect them and give shape to a better future. We are working with constant commitment also in the advancement of integration of ESG issues and great is the satisfaction deriving from the pursuit of the challenging objectives of the Business Plan in terms of reducing environmental impacts and managing diversity”.

“The recent agreements reached between the Bank and the trade unions on the optimization of the workforce are a source of particular satisfaction – he adds – which will allow, among other things, the entry of new resources, also to support youth employment and in a generational change perspective to support the various initiatives in the commercial, digital, artificial intelligence and control functions fields”.

“Aware of the uncertainties of a complex macroeconomic framework, we face 2024 with confidence, convinced that we will be able to confirm the quality of the results obtained in 2023 for the benefit of all stakeholders thanks to the progress made on the revenue generation front, combined with the robust capital position and liquidity and solid credit quality”.

In a scenario which has seen Bper already close the projects of the plan for 2025, “the Carige operation has also been concluded: the bank has been perfectly integrated, there are assignments as always happens but they no longer concern a project which for us is definitively closed”. As for the current year, he recalls how “for 2024 we are just at the beginning, but the bank has laid the foundations for a solid future”. As for the expected trends “on the interest margin – he adds – we expect a slightly decreasing trend, perhaps also on the interest rate curve. But, in this case, we are convinced that what we were to lose on this front we would recover through commissions, especially on managed assets”.

The one regarding Bper’s dividend “is a simple matter: we are working on the industrial plan that reaches the end of 2025, we are on a linear trajectory with that plan which, however, as already mentioned, will be updated” but this is a task “that will fall to the new Board”.