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Fineco collection: 305 million in November which makes it fly on the stock exchange

FinecoBank takes to the stock market after the publication of the November collection, which marks a +73% compared to November 2013.

Fineco collection: 305 million in November which makes it fly on the stock exchange

In the period January-November 2014 Fineco recorded total net inflows of €3,37 billion, marking an increase of 55% compared to the same period of the previous year. Of these, 3,07 billion are attributable to deposits through financial advisors, this too a figure up by 36% compared to January-November 2013. In the month of November alone, the total net deposits of Fineco Bank amounted to 305 million, recording a surge of 73% compared to November last year.

The data is justified by the 93 new customers from the beginning of the year to the end of November, another number which increased by 13% compared to the same period in 2013. Alessandro Foti, CEO of Fineco, is satisfied and says he is optimistic for the future: “This is a trend that we believe will continue next year as well. For this reason, we will increasingly focus on specialized consultancy services, with the aim of becoming an important point of reference for savers who want efficient and qualified management of their savings".

The excellent funding figure also guaranteed Fineco a more than satisfactory performance on today's trading day. At the end FinecoBank gains 1,32%, in a general scenario that sees Piazza Affari down by 2,3%.

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