The improvement in the asset
quality of UniCredit Bank "will entail additional loan loss
provisions of 8.1 billion euros, to be booked in the fourth
quarter of 2016", the bank announced in a statement released
Thursday after requests from stock-market watchdog CONSOB.
The statement said that the additional loan loss provision is
related to a new approach on non-performing exposure (NPE)
management as part of its Strategic Plan.
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