General Bank recorded in November a net inflows of 522 million euros (from 415 in October, bringing the total since the beginning of the year to 3,953 billion), of which 331 million made by the Banca Generali Financial Planner network (2.375 million since the beginning of the year) and 191 million by Banca Generali Private Banking (1.578 million since the beginning of the year) . It's about the best monthly figure ever recorded in the Bank's history in terms of net inflows from retail customers.
Net inflows under management stood at 471 million last month (against 272 million in October), bringing the 2015 total to 3,4 billion. Geo-political destabilization and currency volatility has focused attention on insurance investment solutions. Lastly, the progressive growth of new customers was recorded, as evidenced by the positive flows of assets under administration (51 million in the month, 515 million since the beginning of the year).
“A very brilliant end of the year and a very brilliant start to 2016 awaits us – commented the CEO Piemario Motta -. In a moment of tension and volatility, savers reward the quality of our offer”
