Outclassing the unfounded rumors that imagined her heading to other shores, in November 2022 General Bank has made one total net inflows of 501 million euros, bringing the total value from the beginning of the year to 5,1 billion. In the same month last year the bank had raised 810 million, for a total since the beginning of the year of 6,8 billion.
This month's result is in line with October's result which was 506 million.
Significant result considering tax deadlines
In the bank note it is underlined that “Il date it turns out even more significant if you consider theimpact of tax deadlines (€235m in the month compared to €165m last year) typical of the month, net of which November is the best month in 2022 in terms of volumes and product mix”.
Banca Generali highlighted that during this month there was “a decision recovery in the demand for managed solutions and consultancy evolved on assets under administration which overall exceeded 500 million in response to the new launches of products aimed at exploiting the opportunities offered by the bond and equity markets after months of high volatility”.
CEO Mossa: optimistic about the end of the year
“Despite the persistent uncertainties on the markets and the volatility, the acceleration of the last few weeks and the positive response to the novelties presented after our strategic appointment with the autumn network make us optimistic about the end of the year and the start of the new year” commented theAd of Banca Generali Gian Maria Mossa.
