MILAN: Intesa Sanpaolo, Italy’s biggest bank, said Friday it would pay its shareholders €22bil( US$ 25bil or RM105bil) between now and 2025 as part of its new strategic plan. The bank announced a 27.7% increase in net profit to €4. 18bil( RM20bil) in 2021, slightly above expectations although less than predicted several years ago due to the coronavirus pandemic. For 2022, Intesa Sanpaolo expects a net profit of more than €5bil( RM24bil), chief executive Carlo Messina said. The shareholder payout
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2022-02-07 00:00:00.0
