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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Full Year 2021 Banca Monte dei Paschi di Siena SpA Earnings Call Transcript

Feb 07, 2022 / 05:00PM GMT
Release Date Price: €10.82 (+0.37%)
Operator

Good evening. This is the Chorus Call conference operator. Welcome, and thank you for joining the MPS Group Full Year 2021 Results Presentation. (Operator Instructions)

At this time, I would like to turn the conference over to Mr. Giuseppe Sica, CFO of MPS. Please go ahead, sir.

Giuseppe Sica
Banca Monte dei Paschi di Siena S.p.A. - CFO

Good afternoon, everybody. I'm here today to present MPS Group 2021 full year results. Before going into the presentation, let me make a few opening remarks on methods which are not part of our 2021 performance.

Discussions with European authorities do progress in a collaborative manner and we will update the market as concrete steps are achieved. As you have seen on the 3rd of February, ECB has confirmed P2R requirements for the bank, also in light of the approach taken to calendar provisioning. We will not take any questions concerning CEO as an ad hoc press release has been published.

Before going through the numbers, let me give you an overview of the priorities that have driven the bank's

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