BCC Iccrea Group, managed savings at 26 billion euros: +10% in the first half

BCC Iccrea first quarter profit rises to 610 million

(Finance) – The BCC Iccrea Group closed the first half of 2024 with “positive” commercial results thanks to the “growth in volumes and the strong impetus of the relationships of the 114 BCCs with their reference territories”. In particular, the significant increase of over 5 billion in overall collections was supported by the growth of managed savings which went from 23.5 billion to 26 billion between January and June 2024, recording a 10% increase in six months. The positive commercial dynamic of the semester was also confirmed by the increase of 5.2 billion in gross banking product.

“The positive trend in managed savings highlights the growing ability of the 114 Banks in our Group to support their customers on the pension, insurance and investment fronts – commented Riccardo Corino, Sales Director of the BCC Iccrea Group – The increase in volumes and the strengthening of relations with the market also demonstrate their significant role in supporting the economy of the territories, with shares that have shown growth in all sectors, in particular in the sectors of agriculture, crafts and tourism”.

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