Siena, 18 January 2016 – Following CONSOB’S request received today pursuant to article 114, paragraph 5, of Legislative Decree no. 58/1998, BMPS informs that MPS credit quality is constantly supervised by ECB, starting from Asset Quality Review 2014 (AQR) and continued during 2015. In that period ECB carried out a second audit on remaining credit portfolio – non considered in AQR – whose analytical results have already been fully considered in the 1Q 2015.
According to 2016 ECB priorities, the Authority recently started a new assessment on NPL with particular focus on strategy, governance, processes and management methodologies of non performing loans. Therefore there is not any new information compared to the data as of September 30, 2015 already published.