9M 2016 Results
The Board of Directors of Banca Generali approved the 9M 2016
|9M 2015||9M 2016|
|Operating Profit|| 244,3 million|| 184.0 million|
|Net Profit|| 166.1 million|| 118.6 million|
|Total Assets|| 38.5 billion|| 45.3 billion|
|Net Inflows|| 3.1 billion|| 4.5 billion|
General Manager Gian Maria Mossa stated: "We are very satisfied with these results that perfectly highlight not only the commercial strength and the solidity of the bank as shown by the further strengthening of its capital ratios and the growth of recurring items but also the validity of its innovative path that sets us apart as a real private bank. In a context of market uncertainty and after the significant reorganisation carried out by the bank during the summer, we have recorded the second best ever quarter and new record-high net inflows, and we boosted the exclusive services linked to the protection of our customers' assets. Despite future unknowns regarding the forthcoming political events, we are looking towards the challenges and objectives for the coming months with great confidence.