BRIEF-Intesa CEO flags loan writedowns in Q4 to prepare for new plan
Nov 3 (Reuters) - Intesa Sanpaolo CEO Carlo Messina tells analyst call:
* UNDERLYING PROFITABILITY WILL CONTINUE TO GET MOMENTUM IN Q4 DESPITE SOME SEASONALITY
* "REAL FOCUS OF ATTENTION" IN Q4 WILL BE PREPARATIONS FOR NEW BUSINESS PLAN
* BANK WANTS "TO ENTER INTO NEW BUSINESS PLAN WITH ZERO PROBLEMATIC RELATED TO COST OF RISK AND NON-PERFORMING LOANS"
* COST OF RISK UNDER NEW BUSINESS PLAN MUST BE RELATED ONLY TO NEW INFLOWS OF NON-PERFORMING LOANS
* LARGE CORPORATES HAVE STARTED INVESTING USING THEIR OWN DEPOSITS, SMALLER FIRMS STILL STUDYING INVESTMENT PLANS Further company coverage: (Reporting by Milan Newsroom)
