The Board of Directors of Banca Generali approved the consolidated results for the first nine months of 2017.
- Net profit: €147.4 million (+24%)
- Total assets at €53.8 billion (+19%)
- October net inflows at €555 million
- Total Capital ratio at 19.6%
Chief Executive Officer and General Manager Gian Maria Mossa stated: "We are very satisfied with the Banks strong uptrend, which places it on track to set a new annual record in terms of net inflows. Accordingly, we have revised our net inflows target from 5.5 to 6.5 billion. We have continued to pursue business expansion and innovative new projects, without sacrificing our bottom line, which continues to grow at double-digit rate driven by operating efficiency and capital ratios that improved further on already excellent levels. We have increasingly solid prospects for ending this year on the best possible terms and responding vigorously to the renewed challenges of the coming months".
Total net inflows exceeding last years’ levels despite the extraordinary COVID-19-related context.
Data for the 1H 2020 have been presented. The path of sustainable growth continues with profits and volumes that are confirmed at pre Covid levels.
Banca Generali ranked 12th in the Integrated Governance Index 2020