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Banca Mediolanum: positive net inflows of 595 million in August

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Banca Mediolanum announced the commercial volumes for the month of August amounted to 822 million euros, of which Total Group Net Inflows +595 million, Disbursements of mortgages and loans 214 million, Collected Protection Policies
12.1 million.
Massimo Doris, CEO of Banca Mediolanum states: “The strong trend of the commercial results of this 2021 is confirmed also in August. Thanks to the tireless work of our Family Bankers, the 595 million net inflows set the absolute record for this summer month. This brings us to a year-to-date collection of over 6 billion, surpassing the formidable record of that of 2020. The mix still sees a great predilection of customers towards our asset management solutions, also thanks to the contribution of the appreciated automatic investment services that distinguish the offer of Banca Mediolanum “.
Doris adds: “The credit and protection insurance businesses also continue to deliver excellent results
despite the seasonality, with 2.5 billion in mortgages and loans disbursed since January and 105 million in premiums respectively. In addition, bank customers acquired in 2021 rose to 113 thousand, up by 25%. I am convinced that we are very well positioned to face the last part of the year, which we want to end in an excellent way ”.

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