Banca Mediolanum, in October net inflows 994 million euros and commercial volumes 1.34 billion

They are equal to 1,340 million euros in sales volumes in October for Banca Mediolanum, with Group net inflows of 994 million euros. The results show new mortgages and loans for 331 million euros, and 15.1 million for the collection of protection policies.

“The fourth quarter – he says Massimo Doris, CEO of Banca Mediolanum– starts at the best pace, with robust data across all lines of business that propel us towards an excellent end of the year. October turned out to be one of the strongest months of this 2021, with net inflows of almost one billion reaching 7.43 billion since the beginning of the year, a strong increase compared to the already excellent results of 2020. As regards managed savings, funding of 603 million confirms a preference on the part of customers for insurance solutions, bringing the progressive to 5.23 billion, an increase of 66% compared to 2020 and with good growth in the Private and Wealth segment “. Doris continues: “With reference to credit to customers, disbursements since the beginning of the year with 331 million in October amounted to 3.18 billion, setting the new annual record this month. Protection policies also continue their relentless progression with a further 15.1 million premiums. I am sure that 2021 will once again reserve us results to be framed “.



Source-www.adnkronos.com