Banca Monte dei Paschi di Siena (STU:MPI0)
€ 6.074 0.04 (0.66%) Market Cap: 7.84 Bil Enterprise Value: 2.60 Bil PE Ratio: 2.81 PB Ratio: 0.67 GF Score: 40/100
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Half Year 2020 Banca Monte dei Paschi di Siena SpA Earnings Call Transcript

Aug 06, 2020 / 02:30PM GMT
Release Date Price: €18.47 (+3.22%)
Operator

Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the MPS Group Second Quarter 2020 Results Presentation. (Operator Instructions) At this time, I would like to turn the conference over to Mr. Guido Bastianini, CEO and General Manager of the MPS Group. Please go ahead, sir.

Guido Bastianini
Banca Monte dei Paschi di Siena S.p.A. - CEO, GM & Director

Good afternoon, everybody, and thank you for attending our Q2 results. Before I go through the figures, I would like to draw your attention to a few key takeaways for these difficult times that have severely impacted our professional and personal life, tested underlying resilience of the bank and the effort made to support the customers, colleagues and the community where we operate. And the way our colleagues have managed this challenging situation and the way the banks posted its support to the economy. Therefore, to alleviate the impacts of COVID is a real priority for Monte Paschi di Siena.

The quarter that I'm about to comment even if impacted by the

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