FinecoBank it closed the July-September period with the best quarterly performance in its history. L'Net income grew by 55,7%, to 55,1 million, while the interest margin increased by 13,2%, to 63,9 million, with the net commissions accelerating by 33,2%, to 61 million. More than doubled from a year ago trading revenues, to 13,2 from 6,5 million euros. The total of financial activities of the Unicredit subsidiary amounted to 52,5 billion at the end of September, with an increase of 6,4% compared to the end of 2014 and 9% compared to a year earlier.
“The results achieved in the first nine months of 2015 confirm the efficiency and solidity of our business model – commented Alexander Foti, Chief Executive Officer and General Manager of FinecoBank – which allowed us to record the best quarter ever even in a period characterized by high volatility and still low interest rates. In particular, we can state that in 10 months we have exceeded the already record harvest of the whole of 2014. Confirming that once again our model has been able to record strong growth in all areas of the Bank, win the trust and satisfaction of customers and create value for our shareholders".
