Italy cenbank to pay state 3 bln euros after 2022 profit

Kitco Media
By Reuters
Published:
Updated:
Reuters
ROME, March 31 (Reuters) - The Bank of Italy will pay some 3 billion euros into state coffers after it posted a handsome profit in 2022, governor Ignazio Visco said on Friday. The Bank of Italy results announced by Visco showed net profit of 2.056 billion euros, of which 340 million will go in dividends to its shareholders, made up of commercial lenders and other financial institutions. The bank will directly pay the state 1.676 billion euros of its profits while the rest of the 3 billion euros will come in the form of taxes.
(Reporting by Angelo Amante, writing by Gavin Jones Editing by Keith Weir)

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