|Day's Range||2.578 - 2.652|
|52 Week Range||1.522 - 2.898|
|PE Ratio (TTM)||13.73|
|Earnings Date||Aug 1, 2017|
|Dividend & Yield||0.20 (6.75%)|
|1y Target Est||2.90|
ROME/MILAN, May 25 (Reuters) - Italy's economy minister sought to reassure investors on Thursday that they will not be hit in a rescue of two ailing regional banks, Popolare di Vicenza and Veneto Banca, after fears of a full "bail-in" hit the lenders' debt. Italy has been seeking European Union approval for months to rescue the two banks based in the northeastern Veneto region and bigger rival Monte dei Paschi di Siena under strict EU rules that curb state support for lenders.
Q1 2017 Intesa Sanpaolo SpA Earnings Call
International Bank of Azerbaijan, the energy exporting country's biggest lender, said on Saturday a U.S. court had supported its petition to prevent creditors from pursuing legal action in the United States, giving it time to restructure $3.3 billion debt. The state-controlled bank said on Thursday it was suspending payments on some liabilities and seeking creditors' support to restructure more than $3 billion of debt, mostly owed to foreign creditors, to tackle bad loans left over from an oil price slump. Such a petition is not a bankruptcy filing but stops creditors from pursuing legal actions in the United States, giving debtors time to restructure their businesses.