Italian leasing company Banca Italease has announced net profits
of almost €30 million for H1, compared to a loss of €475 million
for the same period last year.
The bank, which is part owned by Banco Populare, has since
restructured itself under new management.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Despite a fall in volumes, Italease has secured a €149 million
interest margin, and commissions rose by 13.9 per cent to €36.5
million.
GlobalData Strategic Intelligence
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
