Mediobanca closed the third
quarter of 2016 with a 11% rise in net profit to 270.7 million
euros, according to a company statement released on Friday.
This was the best quarterly result since 2008, the credit
institute said.
The increase in net profit reflected a 16% growth in gross
operating profit driven by the increase in revenues from banking
operations and the lower cost of risk in all business lines, the
statement said.
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