The Board of Directors of Banca Generali, chaired by Giancarlo Fancel, approved the consolidated results at 31 March 2018.
Chief Executive Officer and General Manager Gian Maria Mossa stated: "The year kicked off on a very sound and satisfactory note. Despite heightened market uncertainties, commercial results and the overall size of the bank continue to expand. This confirms our professionals ability to assist clients also in cautious and volatile market contexts, with a high quality and flexible range of products that cater to all protection needs. Strong recurring items and a focus on operating efficiency testify to the sustainability of an increasingly stronger business model as shown by the capital ratios , driving innovation capacity. The rising success of our wealth management solutions and the new offering soon to be launched make us very confident about growth for 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