Banca Sistema, Board of Directors approves the 2021 financial statements. Dividend of 0.072 euros

Banca Sistema Board of Directors approves the 2021 financial statements

(Finance) – The board of directors of Bank Systemlisted on Euronext STAR Milan and specialized in the purchase of trade receivables from the PA and tax credits, ha approved the draft financial statements of the bank and the consolidated draft financial statements of the group as at 31 December 2021, confirming the results already approved by the Board itself and disclosed to the market on 10 February. The parent company closed the year with a net profit of € 23.1 million, while at the consolidated level the year closed with a profit attributable to the parent company of € 23.3 million.

The board, taking into account the absence of the impacts deriving from Covid-19, the capital solidity and growth prospects of the bank’s business – in line with the quarterly reports already approved – resolved to propose to the shareholders’ meeting (which will meet April 28, 2022) the allocation to reserve for retained earnings, of the amount equal to 17,352,525.70 euros and, to dividendthe residual amount of 5,790,315.74 euros corresponding to € 0.072 for each share ordinary.

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