NewsEconomicsMediolanum, in June commercial volumes at 1.06 billion and...

Mediolanum, in June commercial volumes at 1.06 billion and total net inflows +687 million

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Banca Mediolanum closes the month of June 2021 with commercial results of 1,061 million euros, of which total group net inflows of +687 million euros, mortgage and loan disbursements of 360 million, and collection of protection policies at 14.1 millions. “First of all, I would like to underline that at the end of June we achieved and exceeded the milestone of 100 billion in assets – says Massimo Doris, CEO of Banca Mediolanum -. And this is also thanks to the decisive contribution of deposits, which in June amounted to 687 million euros, despite the month being characterized by strong outflows for the payment of taxes, amounting to almost 200 million. In particular, managed deposits continue to be driving and of great quality, with 3.3 billion euros in the first six months, 58% more than in the same period last year ”. Doris continues: “With the same drive, the credit business reached 1.9 billion in new disbursements to customers in the half year, with a significant increase of almost 40% over 2020. And the collection of protection policies also continues at a sustained pace . The results of this first half of 2021 confirm the strength of our consultancy model, which is continuously enriched with new contents to intercept the needs of all customer targets. Finally, I would like to mention that in June we celebrated Flowe’s first successful year ”.

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