COUNTRY BY COUNTRY REPORTING AS PER ARTICLE 89 Directive No. 2013/36/EU ("CRD IV") Bank of Italy Circular Letter No. 285 dated 17 December 2013 Part I, Title III, Chapter 2, Annex A 1.
In order to increase the confidence of EU citizens in the financial sector, Article 89 of Directive No. 2013/36/EU of 26 June 2013 introduced the obligation for banks to provide periodic disclosure on activities carried out in the individual countries in which they have establishments.
This disclosure includes a list of the companies established in each country, with details of the nature of the activity performed and, separately for each country, the amount of turnover generated, profits earned, taxes paid, number of employees and amount of public funding received.
DATA RELATED TO THE CONSOLIDATED FINANCIAL STATEMENTS AT 31 DECEMBER 2019