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Banca Stato writes book losses

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The Tessiner Kantonalbank worked stably in the first semester. But the securities in their own portfolio have depressed the result. The Banca dello Stato del Cantone Ticino (Banca Stato) reported a net profit of CHF 34.2 million in the first half of 2022, which was 8.7 percent lower than in…

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