The Board of Directors of Banca Generali approved the 2016 Results.
|Operating Profit|| 290.3 million|| 220.5 million|
|Net Profit|| 203.5 million|| 155.9 million|
|Total Assets|| 41.6 billion|| 47.5 billion|
|Net Inflows|| 4.6 billion|| 5.7 billion|
General Manager Gian Maria Mossa stated: "These highly satisfactory results testify to our position as an industry leader and to the quality of our business as confirmed by the trend in recurring items. Even in a complicated market context, we stood out for our steady growth and our ability to generate profits. Our strategy oriented to bespoke products and solutions enhances our financial advisors' skills, as shown by our current professionals strong contribution to net inflows. The new products and solutions to be launched this year will strengthen our exclusive positioning as a private bank specialised in households' investments, so that we will be ready to grasp the
interesting opportunities that will arise in the coming months.