Novo Banco H1 loss widens on provisions, operating side improves

6 months ago Comments Off on Novo Banco H1 loss widens on provisions, operating side improves

LISBON, Aug 1 (Reuters) – Portugal’s Novo Banco, which the state is trying to sell after a 2014 rescue, swung deeper into the red in the first half but operating income rose and it said the overall result was in line with its restructuring plan.


Reuters: Financial Services and Real Estate