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UniCredit to close 2016 with 11.8 bn (2)

To write down 1 bn

Redazione Ansa

(ANSA) - Milan, January 30 - UniCredit said Monday it will close 2016 with a net loss of around 11.8 billion euros.
    UniCredit, Italy's biggest bank buy assets, said it make further one-off writedowns for around one billion euros including writing down its part in the Atlante bailout fund.
   

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