The first quarter of is archived FinecoBank which, according to the financial statements approved by the board of directors of the multi-channel direct bank of the Unicredit group, closed with net income up 29,4% year-on-year to 47,8 million, and with total revenues of 137 million, an increase of 20,9% compared to the same period of the previous year.
The bank's CET1 ratio stood at 19,38% while total financial assets reached 53,71 billion against 49,34 billion as at 31 December, for an increase of 8,9%.
In the month of April alone, FinecoBank's net inflows stood at the same level 494 million euro, up 42% year-on-year, while in the first 4 months of 2015 funding was 2,1 billion, up 50% over the same period in 2014. The bank's total customers rose to 994 units, thanks to 40 new arrivals in the first four months of 2015.
The managing director is satisfied Alexander Foti: “We closed the first three months of 2015 with really important and high-quality results, which once again reward our unique business model, which combines an efficient digital platform with a large network of financial advisors”.
