MILAN Feb 7 Italy's Banca Monte dei Paschi di
Siena will not pay the coupon on 3.9 billion euros in
state loans by taking out more state loans in 2013, but is
likely to issue shares to the Treasury instead, its chief
financial officer Bernardo Mingrone said on Thursday.
Asked about reports of possible BNP-Paribas
interest for the bank or merger talks with Intesa Sanpaolo
, Monte Paschi Chief Executive Fabrizio Viola said
"right now there is nothing" taking place.
The bank's chief financial officer Mingrone said he does not
see a risk of the banks' FRESH 2008 hybrid instrument being
taken out of its core capital.