Penati: “Immediately break with the past” – BBC

VENETO BANCA

Penati: “Immediately break with the past”

The president of Atlas’ Return the correctness of restoring confidence “

TREVISO ” Today starts the new course of Veneto Banca, marked by discontinuity compared to past administrations in terms of legality, transparency, controls and strategies ” . So the president of Atlas, Alessandro Penati, in a statement, addressing the members and customers of the bank on the occasion of today’s meeting. “The bank must quickly return to its constitutive role and mission of the company: to guard safely and savings deposits of customers and finance projects of families and businesses of the areas where it operates, which are among the most developed and rich entrepreneurship in Europe, “he added. “Veneto Banca will have to return to pursue the interest of depositors and to provide credit according to merit and not according illegal behavior or relationships of friendship or clique,” he stressed, explaining that “in this sense, banks will have to mark a radical break with bankruptcy management of the past, bolstered by a new Board consists of totally independent persons’.

“After the rise of the Core Tier 1 capital rose to 11.4% and it will work to reduce the amount of suffering and the risk profile” has continued the president of Atlas stressing that “there are all the prerequisites of solidity and asset security to support the new development of the bank.” Penati added that the new Board has been asked to continue “without delay and with great determination liability actions against those who acted against the interests of the bank, causing serious losses for its members, by identifying the individual profiles guilt”. Indeed, “only in this way, with the return to fairness and respect for all stakeholders, you can restore a climate of complete trust and refound with shareholders, customers, employees,” he stressed.