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Banca Monte Pruno present at the Shareholders' Meeting of Cassa Centrale Banca

Banca Monte Pruno present at the Shareholders' Meeting of Cassa Centrale Banca

Banca Monte Pruno took part in the Shareholders' Meeting of Cassa Centrale Banca, held in Milan under the chairmanship of Giorgio Fracalossi , for the approval of the separate financial statements and the examination of the consolidated financial statements, which included for the first time the consolidated sustainability reporting for the year 2024.

Representing Banca Monte Pruno were President Michele Albanese , General Manager Cono Federico , Vice President Antonio Ciniello and Executive Director Antonio Mastrandrea , confirming the institute's attention and constant commitment to the Group's growth path.

The 2024 financial year closed with a consolidated net profit of 1,168 million euros, marking an increase of 34% compared to the previous year. Also significant was the growth in new credit disbursements, equal to 8.6 billion euros, and in total collections, which rose to 120 billion euros. With a CET1 Ratio of 26.8% and a net NPL Ratio of 0.7%, the Group confirms its position among the top of the Italian banking system in terms of capital strength and asset quality.

The Assembly also renewed the corporate bodies for the three-year period 2025-2027, confirming the President Giorgio Fracalossi and the CEO and General Manager Sandro Bolognesi at the helm of the Group, to whom Banca Monte Pruno extends heartfelt compliments and full confidence for the valuable work carried out and for the strategic vision with which they are accompanying the Group towards new challenges.

Among the new members of the Board of Directors, representing the Banks of the South, is also Giuseppe Di Forti, President of Sicilbanca , who receives the congratulations of Banca Monte Pruno for his well-deserved nomination, an expression of competence, experience and dedication to Cooperative Credit.

The presence of Banca Monte Pruno at this important event demonstrates, once again, the desire to be an active part in the governance and growth processes of the Cassa Centrale Group, in line with its founding values: mutuality, territorial roots and sustainable development.

On the sidelines of the meeting, the Bank's top management declared:

" Being present at such a significant Assembly, at a crucial moment in the life of our Group, is a source of great pride for us. The numbers demonstrate solidity and vision, but what matters most is the cooperative model that continues to prove itself current, effective and close to the territories. Sincere compliments to Giorgio Fracalossi and Sandro Bolognesi for their responsible and far-sighted leadership, and a big good luck to our dear friend Giuseppe Di Forti for his new role ", declared Michele Albanese , President of Banca Monte Pruno.

" The Assembly has given a clear image of a cohesive Group, growing and strongly committed also on a social and sustainable level. As Banca Monte Pruno we will continue to contribute with a spirit of service, with the aim of bringing value to our territory and to the system as a whole. Our commitment will be constant, equal to the challenges that await us ", added Cono Federico , General Manager of Banca Monte Pruno.

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