6/14  Lastly, on 20 June the Bank of Italy initiated an inspection of a general nature at BPI, inter alia with the aim of checking, in connection with the acquisitions, the bank’s capital ratios, its credit disbursement and management procedures and its statistical reports. The first checks concerned the amount of BPI’s own funds.
The latter initiative came after the start on 9 June of an inspection at Antonveneta to check whether the functioning of the bank’s ordinary operations had been impaired by the temporary uncertainty stemming from the precautionary suspension of the shareholders’ resolution of 30 April renewing Banca Antonveneta’s governing bodies, ordered by the Court of Padua on 21 May.