One billion euro increase in assets under management, net of capitalization, equal to a 9% growth in assets, recruitment of 30 bankers to reach a total of 180 units, 1.000 hours of training for the network. These are the main objectives for the current year of Credem's private banking, the bank's division led by Matthew Benetti and specialized in the management of clients with assets exceeding 500 euros.
Credem private banking closed the first half of 2014 with 13,1 billion euro of assets under management (+12,9%) compared to the same period last year, 34 thousand customers (+2,5% y/y). The division has a service model that is characterized by a high level of consultancy in the financial area and on issues of family protection and planning in strong synergy with the traditional banking products and services offered by the territorial network and by the companies of the group.
Also in the second half of the year, the objective of Credem private banking will be to continue to increase market shares by strengthening the network, with a particular focus on the central-northern regions in those areas that stand out for the dynamism of production and commercial activities. Strong attention will be paid to network training, with the provision of a total of 1.000 hours in 2014, and to strengthening the tools available to both customers and consultants.
"Our goal," he said Matthew Benetti head of Credem private banking, “is to keep the assets of our customers' families in safety. In particular,” he continued Benetti “We are committed to protecting our clients' portfolios from extreme events, market risks and inflationary dynamics, which are very dangerous in a complex phase such as the current one. With the aim of increasing customer satisfaction, the construction of a phase of diagnosis and definition of the strategy anchored to people's lives, asset management and the goals that families have is of the utmost importance. The wide range of tools offered that contribute to improving portfolio stability allows us to satisfy the specific needs of clients through an independent, transparent and simple approach.”
In addition, the meetings on the territory (Parma, Savona and Arezzo) will continue next appointments) reserved for Credem private banking consultants and customers with the participation of leading Italian and foreign market analysts and experts on issues relating to the management of large estates. The aim will be to offer participants an opportunity for discussion and contact with important experts in various fields of asset management.
Credem's Private Banking, in addition to the range of products for global wealth management, characterizes its activity by both an excellent level of consultancy through the constant enrichment of the services offered and through a strengthening of the value of skills on family planning issues and protection from an intergenerational perspective that are still not very usual for Italian investors.
