(Finance) – “Theimpact of the tax on bank extra profits applies to General Bank it is worth just under 20 million euros and for the Generali group just under 10 million, in relation to our share”. This was stated by the CFO of generals, Christian Boreanin the call with the press that followed the publication of the results for the first half of 2023.
Borean underlined that the calculation is based “on the latest news that has emerged, according to which the tax will be equal to up to 0.1% of assets total”.
“We do not have no comment on this“, said the CEO of the Lion, Philippe Donnetto a question on the tax decided by the government on the extra profits of banks, which affects Banca Generali like other asset management companies.