Banca Widiba’s growth in all metrics continues with a sustained trend. At the end of the third quarter of 2021, total assets amounted to € 9.9 billion, marking an increase compared to 2020 of almost € 1 billion (+ € 980 million), driven by the significant acceleration of the investments component which contributed almost exclusively (95%) to the growth of the AUM.
The favorable balance sheet is the result of the business model based on the combination of digital and consultancy: the strong acceleration of the performance of the Financial Advisors Network, which has recorded the best historical performance to date, has been combined with the launch of new digital services and solutions. avant-garde.
In 2021, Banca Widiba was awarded the ABI award for innovation for the fifth time in seven years with the new version of its App, the technological heart of the service.
Finally, thanks to the policies aimed at converting liquidity, the component of direct deposits on deposit was reduced, down by 30% to 1.1 billion euros. The placements of managed savings at 30 September reached the quota of 935 million euros (+ 47% YoY), by far the best performance ever of the Financial Advisors.