FinecoBank closed the month of December 2017 with net inflows of 988 million, up 11% compared to the same month of the previous year. In particular, assets under management amounted to 522,6 million. Net inflows for the whole of 2017 amounted to €5,96 billion, up 18% on an annual basis. At the end of 2017, total assets had grown to 67,19 billion euros, an increase of 12% compared to the value at the beginning of the year.
In terms of customer acquisition, 2017 new customers were acquired in 114.509 (+4% y/y), of which 7.362 in December alone (-22% y/y). The number of total customers as at 31 December 2017 was almost 1.200.000, up 7% on the previous year. In the first session of the week, around 12, the Finecobank stock is up slightly at €8,915 per share.