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'Good banks' close to being sold - Nicastro

Four small lenders went to wall last year

Redazione Ansa

(ANSA) - Jesi, September 26 - The president of four 'good banks' that were set up after small lenders Banca Marche, Banca Etruria, CariChieti and CariFerrara went to the wall last year has written to employees to say at least one of the institutes is close to being sold. Roberto Nicastro wrote that he was hopeful of signing "one or more agreements that guarantees the sale and continuity as well as satisfying European regulations.
    After 10 months of hard work, we think we are close to the long awaited turning point".
   

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