Share

Mediolanum, net inflows in March 189 million

In the first quarter of 2013, total deposits reached 717 million, down from the 916 million recorded in the same period of 2012.

Mediolanum, net inflows in March 189 million

The net inflow of Banca Mediolanum reached 189 million euro in March, while that of funds and managed accounts amounted to 381 million (one billion since the beginning of the year) and that of managed savings - which also includes outflows of 169 million on life insurance - amounted to 212 million. This was communicated by the institute in a note, underlining that in the first quarter of 2013 total deposits reached 717 million, down from the 916 million recorded in the same period of 2012. 

Net inflows from managed savings in the first three months of 2013 amounted to 579 million euro (135 million in 2012), while that from managed savings amounted to 1.164 million in the first quarter (662 million in 2012) and 163 million in March.

At the beginning of the afternoon, Banca Mediolanum's share on the Stock Exchange gained just under one and a half percentage points.  

comments