1Q 2015 Results
Milan, 04 May 2015 The Board of Directors of Banca Generali approved 1Q 2015 results.
|1Q 2014||1Q 2015|
|Operating profit|| 65.3 mln|| 139 mln|
|Net Profit|| 38.9 mln|| 93.1 mln|
|Total Assets|| 30.3 mld|| 39.5 mld|
|Net Inflows|| 810 mln|| 1.447 mln|
The CEO of Banca Generali, Piermario Motta, commented:
"This excellent result stemmed from the sharp growth in the size of assets and the quality of our managed financial planning solutions. The significant improvement in earnings figures and capital ratios our best ever quarterly results arise from the Banks efficiency and professional approach in comprehensively meeting households' growing investment protection needs. The near-zero government bond returns and the challenging real estate market are boosting demand for the effective and innovative solutions and expert advice that Banca Generali can provide. We are looking towards our 2015 prospects with great enthusiasm and confidence.