UBI CEO says has no reason to be worried about ECB's review
MILAN May 14 (Reuters) - The chief executive of UBI Banca , Italy's fifth-biggest bank, said he saw no reason to be worried about a Europe-wide health check of lenders.
He said his bank had booked the provisions against loan losses deemed to be necessary.
"We have no reason to have any particular worry about the asset-quality review" UBI CEO Victor Massiah told analysts during a conference call.
UBI is one of 15 Italian lenders under scrutiny by the ECB in this year's check up. (Reporting by Silvia Aloisi)
- Bike-riding nurse defies Ebola quarantine, on collision course with governor |
- Clashes erupt as Israeli police kill Palestinian suspected of shooting Jewish far-rightist |
- Ukraine, Russia, EU agree to natural gas supply deal
- Apple's Cook: 'I'm proud to be gay'
- Iraqi Kurdish forces enter Syria to fight Islamic State |