Millennium bcp profit drops 77%

in Business · 23-05-2020 09:00:00 · 0 Comments
Millennium bcp profit drops 77%

Millennium bcp has reported a 77% decline in first-quarter net profit to 35.3 million euros following its provisions to offset the economic impact of the novel coronavirus.

The provisions implemented by Portugal’s largest listed bank to cope with the impact of the coronavirus cost nearly 79 million euros, it said in a statement without detailing the provisions.


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