Banca Mediolanum, economic growth continues: in October, deposits increased by 362 million
Mediolanum Bank in October it achieved commercial results of 1,340 million, compared to 740 million in October 2020. In particular the total net inflows has grown to 994 million against the 404 million made in October 2020, up by 362 million over September 2021. I new mortgages and loans to 331 million (322 and 330 million), the collection of protection policies to 15.1 million (14.1 and 13.6 million). Total net inflows since the beginning of the year have been 7.43 billioni, of which that in managed savings, with 603 million in October, reached 5.23 billion. New loans disbursed amounted to € 3.18 billion and protection policies to € 134.1 million.
Massimo Doris, Chief Executive Officer of Banca Mediolanum, says: “The fourth quarter starts at the best pace, with robust data across all lines of business projecting us towards an excellent end of the year. October proved to be one of the strongest months. of this 2021, with net inflows of almost one billion which reached 7.43 billion since the beginning of the year, a strong growth compared to the already excellent results of 2020 “.
“As regards managed savings, the collection 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, “he points out Doris.
The entrepreneur also stressed that “with reference to customer loans, with 331 million in October disbursements since the beginning of the year amounted to € 3.18 billion, setting the new annual historical 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 “.
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