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Mediobanca profit up 23% in second half of 2015

Net interest income up 10% to 604 million

Redazione Ansa

(ANSA) - Milan, February 11 - Mediobanca's net profit in the second half of 2015 rose by 23% to 321 million euros over the same period in 2014, the bank said Thursday.
    The 93 million euros gains on disposals of equity stakes worth €295m were absorbed almost entirely by non-recurring charges, chiefly attributable to contributions to the Bank Resolution Fund (63 million euros), Mediobanca said in a statement. Net interest income was up 10% to 604 million euros, the statement added. Fee income also rebounded in the fourth quarter, driven by investment banking activity, the bank said

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