(Finance) – The main objectives of the new new 2024-26 Business Plan Of Bank Profile are: the leap in size of the Private Banking and Investment Banking activities aimed at optimizing the profitability of the businesses; the consolidation of the low volatility income capacity developed by Finance; strengthening investments made in fintech, with a particular focus on artificial intelligence and digital assets; the further increase in shareholder remuneration by exploiting solidity and profitability. This is what emerges from the guidelines that the Parent Company Arepo BP has identified as strategic guidelines for the development of activities over the next three years, which will be translated into a new plan by the end of the year.
In the area of the Private Banking & Wealth Management, the following are envisaged: organic growth through the inclusion of banker teams with a customer target further focused on HNWI, professional and family offices; the expansion of the range of services and products with opening up to semi-liquid solutions, life and non-life insurance products, certificates, products related to energy transformation and digital assets; the creation of a global portfolio advisory service, broadening the scope of the products included and with the use of artificial intelligence tools; the definition of an ESG offer with attention to the solutions present in the private market segment and in particular to impact products.
As for theInvestment Banking, the strategic objectives envisage: the expansion of the current range of services offered through the Strategic Equity activity, aimed at direct and indirect investment in pre-IPO and private investment transactions; the enhancement of the placement capacity in foreign markets, both equity and debt; the strengthening of the lending activity.
On the front of Finance, the following are expected: the development of intermediation activities through the expansion of the asset classes to include ETFs; the consolidation of bond and equity trading with greater concentration on market making activities; the maintenance of profitability from the banking book, strengthening the equity and HTC one, also through a geographical diversification of government and supranational securities; the development of synergies with the other divisions of the Group through the issue of certificates and structured deposits for Private Banking and Digital Bank customers.
Banca Profilo also signaled a focus on external growth, with: the acquisition of an asset management product factory, with a focus on alternatives, in order to develop vehicles and products under delegation and facilitate partnership opportunities; the opening of the business model towards foreign markets in order to export the business model and ensure new investment opportunities for domestic customers; development of strategic holdings in fintech with the aim of differentiating its competitive positioning with respect to peers and improving cost income; possibility of selling investment services through the new banking as a service model.