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KM Financial Solutions | Italy’s Carige expects to return to profit in 2021
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Italy’s Carige expects to return to profit in 2021

29 Aug Italy’s Carige expects to return to profit in 2021

Posted at 17:19h in News by
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Struggling Italian lender Carige
said on Friday it would swing to profit in 2021 under
a rescue plan based on a 700 million euro ($780 million) rights
issue that the bank’s shareholders will have to approve on Sept.
20.

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