Banca Mediolanum, 5.6 billion raised in the first 9 months

Banca Mediolanum 56 billion raised in the first 9 months

(Finance) – Mediolanum Bank closed the month of September 2023 with commercial results of 429 million, of which one was recorded positive net collection for 205 million, which brings the total since the beginning of the year to 5.69 billion.

Net collection in managed savings is equal to 139 million (2.84 billion since the beginning of the year), new financing disbursed for 211 million (2.31 billion since the beginning of the year), protection policy premiums to 14 million (132 million since the beginning of the year).

Massimo Doris, CEO of Banca Mediolanum comments: “Banca Mediolanum continues to demonstrate the strength of its model thanks to the close relationship of trust with customers which translates into great stability in funding flows, despite September being a month historically characterized by below average volumes. The number of customers who are investing in managed savings products is gradually increasing while the bonds signed at the beginning of the year are expiringalso through automatic services, capable of responding to medium and long-term investment needs. The context remains highly challenging but I believe we are very well positioned to continue to acquire market shares in Italy and Spain, as evidenced by the strong growth in customers acquired in the first nine months, 139 thousand, an increase of 11% compared to the already excellent 2022″.

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