Banca Sistema S.p.A. ( (IT:BST) ) has shared an announcement.
Banca Sistema S.p.A. announced the resignations of four directors, two statutory auditors, and the President of the Board of Statutory Auditors, effective from the shareholders’ meeting on April 30, 2025. This move is part of a new corporate governance project aimed at refreshing the board’s composition, as requested by the Bank of Italy. The resignations are intended to facilitate the transition and ensure continuity within the control body, with the assembly set to appoint new directors and auditors. The announcement underscores the company’s commitment to aligning with regulatory expectations and enhancing its governance structure.
More about Banca Sistema S.p.A.
Banca Sistema S.p.A., established in 2011 and publicly listed since 2015 on the Euronext Star Milan segment of Borsa Italiana, specializes in purchasing commercial credits towards Public Administration and tax credits. It also engages in the assignment of salary and pension credits, alongside offering a range of financial products and services, including current and deposit accounts, credit management, and electronic invoicing. The group operates in Italy and other European countries, serving over 100,000 clients with a multichannel approach.
YTD Price Performance: 39.20%
Average Trading Volume: 5,768
Technical Sentiment Signal: Sell
Current Market Cap: €138.6M
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