Banca Monte dei Paschi di Siena (MIL:BMPS)
€ 5.034 -0.038 (-0.75%) Market Cap: 6.34 Bil Enterprise Value: -980.02 Mil PE Ratio: 2.95 PB Ratio: 0.62 GF Score: 45/100

Full Year 2020 Banca Monte dei Paschi di Siena SpA Earnings Call Transcript

Feb 10, 2021 / 08:00AM GMT
Release Date Price: €27.09 (-5.80%)
Operator

Good morning. This is the Chorus Call conference operator. Welcome and thank you for joining the MPS Group Full Year 2020 Results Conference Presentation. (Operator Instructions)

At this time, I would like to turn the conference over to Mr. Guido Bastianini, Chief Executive Officer and General Manager of MPS. Please go ahead, sir.

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

Thank you. Good morning, everybody. I'm here with our CFO, Giuseppe Sica. Welcome to Monte dei Paschi 2020 End of the Year Earnings Call.

I would like to start with a quick overview of the key highlights and achievement of the bank during the year. I'm on Slide 2. Since the break of the COVID-19, we have focused on protecting our colleagues and clients and on doing our part in sustaining the economy. We launched the initiatives of our own and promptly rolled out the government's financial relief measures, granting an overall support to the economy, families and corporates for EUR 23 billion, especially in the form of moratoria and

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