LISBON, July 28 (Reuters) – Portugal’s largest personal bank, Millennium bcp, reported a 55.3% drop in net profit in the first half to EUR 76 million on Tuesday, after costly provisions to offset the economic effect have an effect on the coronavirus outbreak.
Provisions and impairments increased by 44.5% to about 351 million euros in the first six months of 2020 at the same time last year, the bank said in a statement.
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