2015-2017: “Change” will be the keyword for the next three-year period
Implementation of the Business Plan continues at full pace
The financial statements were definitely positive in terms of projects completed and results achieved. Among the main activities were the signing of the trade union agreement, reorganisation of the distribution network, the setup of BPER Credit Management - for the active management of bad loans and the transfer to Banco di Sardegna of the Banca di Sassari branches - which now acts as the Consumer Finance company for the entire Group.
A highly sound financial position
We can take on these activities without worry, confident of a highly sound financial position. Our Group has worked intensely in recent years to strengthen its capital and increase hedging, whilst the recent ECB validation of the internal credit risk measurement models has had a truly positive impact on our capital ratios, which are now ranked among the strongest in the Italian banking system.