(Tiper Stock Exchange) – Mediolanum Bankthe big Italian asset management company, announced that commercial results amounted to 1.21 billion euros in March 2023 (3.88 billion YTD), of which: total net inflow at 853 million, 3 billion YTD; net inflows into managed savings at 343 million, 1.35 billion YTD; new loans disbursed for 343 million euros, 841 million YTD; protection policy premiums for 16 million euro, 43 million YTD.
At the end of first quarter of 2022commercial results stood at 3.13 billion euro, while total net inflows at 2.38 billion euro.
“The excellent trend in commercial results continues decisively, leading us to close the first quarter with 3 billion in total funding – commented theCEO Massimo Doris – With 343 million in the month, assets under management remain solid in terms of quantity and quality despite the climate of uncertainty, also thanks to the strong component of recurring flows from our automatic investment services”.
“The administered sector remains largely positive demonstrating the stability of deposits, which are constantly growing, also supported by thecash flow from new customerswhich have reached 56,500 since the beginning of the year, 15% more than in the first quarter of 2022 – he continued – The credit and protection policies businesses also continue to reflect great resilience with 343 and 16 million in the month respectively “.
“Banca Mediolanum, also in this context, confirms itself as a reference institution for families thanks to its excellent capital strength,” he added.