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MarketScreener Homepage  >  Equities  >  Italian Stock Exchange  >  Banca Carige SpA    CRG   IT0005108763

BANCA CARIGE SPA (CRG)
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Banca Carige : top shareholder to resign from board

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07/12/2018 | 08:33am CET

MILAN (Reuters) - The top shareholder of Banca Carige said on Thursday he planned to resign from the lender's board on Wednesday, though he remained committed to the bank.

Vittorio Malacalza, who owns over 20 percent of the bank, said he would formalise the step and explain his reasons at a later date, adding that the recent resignations of other board members had influenced his decision.

Chairman Giuseppe Tesauro and two other board members resigned in recent weeks due to a row over the running of the Genoa-based bank, which has been dogged by governance issues.

In the statement, Malacalza said that he remained "committed to Banca Carige, fully confident of its potential to consolidate and relaunch thanks to the recent efforts of shareholders."

(Reporting by Giulia Segreti; Editing by Steve Scherer)

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Financials (€)
Sales 2018 506 M
EBIT 2018 20,0 M
Net income 2018 13,0 M
Debt 2018 -
Yield 2018 -
P/E ratio 2018 -
P/E ratio 2019
Capi. / Sales 2018 0,19x
Capi. / Sales 2019 0,17x
Capitalization 94,8 M
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Mean consensus HOLD
Number of Analysts 1
Average target price 0,01 €
Spread / Average Target 488%
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Managers
NameTitle
Paolo Fiorentino CEO, Director & General Manager
Pietro Vitale Modiano Chairman
Fabio Innocenzi Chief Financial Officer & Director
Lucia Venuti Independent Director
Giulio Gallazzi Director
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