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Intesa Sanpaolo 9-mth profits fall

Q3 profits up

13 November, 13:42
Intesa Sanpaolo 9-mth profits fall (ANSA) - Milan, November 13 - Italy's second-biggest bank Intesa Sanpaolo posted a net profit of 640 million euros in the first nine months of the year, down from 1.68 billion in the same period of 2012, the Turin-based bank said Wednesday.

Profits in the third quarter of 2013 were up to 218 million euros from 116 million in the third quarter of 2012.

Intesa is No.2 to Unicredit.

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