"There are no reasons for us to be concerned, the business plan is proceeding positively and in line with the expected timeline," the spokesman said, in answer to a Reuters query.

"In this context, there is obviously no reason to foresee any capital measures."

Monte dei Paschi has seen its share value decline by nearly 33 percent this year - against a 5 percent drop in Italy's banking stock index - fuelling speculation in the Italian press it may fall behind in the restructuring plan agreed with EU authorities at the time of its bailout.

 

Copyright Reuters, 2018