Banca Generali — Earnings Release 2017

Oct 9, 2017

Informazione Regolamentata n. 0856-60-2017		Data/Ora Ricezione 09 Ottobre 2017 17:41:54	MTA
Societa'	:	BANCA GENERALI
Identificativo Informazione Regolamentata	:	94603
Nome utilizzatore	:	BCAGENERALIN03 - Pastore
Tipologia	:	2.2
Data/Ora Ricezione	:	09 Ottobre 2017 17:41:54
Data/Ora Inizio Diffusione presunta	:	09 Ottobre 2017 17:41:55
Oggetto	:	PR: Net inflows September 2017
Testo del comunicato

Vedi allegato.

PRESS RELEASE

September net inflows: €386 million (€5.16 billion YTD)

Net inflows of managed products: €341 million (€4.60 billion YTD)

Milan, 9 October 2017 – Banca Generali's net inflows amounted to €386 million in September, bringing the YTD total to €5.16 billion (+26% compared to the same period of the previous year).

Net inflows were mainly driven by managed products, which generated €341 million total net inflows, bringing the YTD total to €4.60 billion (+64%).

Financial and insurance 'wrapper' products proved once again the most-in-demand solution totalling €192 million for the month and €3.5 billion YTD. Total assets in wrapper products are estimated at €11.3 billion for the first nine months of the year.

Funds and Sicavs also performed very well with €127 million net inflows for the month (€1.3 billion YTD).

In addition, net inflows from assets under administration and custody amounted to €45 million thus reflecting the constant acquisition of new customers (€556 million YTD).

Chief Executive Officer Gian Maria Mossa stated: "Our advisory service continues to be high in demand and there is much interest in our managed solutions which integrate the advisory concept into financial and insurance products. Although September has been as usual dedicated to network meetings aimed at conveying the strategic focus and organising work after the summer holiday period, Banca Generali significantly reported a 50% increase in net inflows compared to the same period of the previous year. Our professionals' dedication and the bank's innovation processes allow us to look to the coming months with great confidence."

CONTACTS:

www.bancagenerali.com

Media Relations Michele Seghizzi Tel. +39 02 6076 5683

Michele.seghizzi@bancagenerali.it

Investor Relations Giuliana Pagliari Tel: +39 02 6076 5548

giuliana.pagliari@bancagenerali.it

PRESS RELEASE

NET INFLOWS AND LIFE NEW BUSINESS IN SEPTEMBER 2017

Million of Euros	Sep 2017	Aug 2017	Abs. Chg
Mutual Funds	127	105	22
Managed Portfolio	97	152	-55
Mutual Funds and Managed Portfolio	224	257	-33
Life Insurance	117	149	-32
of which BG STILE LIBERO	7 5	126	-51
Managed Assets	341	406	-65
Non Managed Assets of which: Securities	45 14	64 57	-19 -43
Total	386	470	-84
	Jan-Sep 2017	Jan-Sep 2016	Abs. Chg
Mutual Funds	1,337	33	1,304
Managed Portfolio	1,868	644	1,224
Mutual Funds and Managed Portfolio	3,205	677	2,528
Life Insurance	1,396	2,129	-733
of which BG STILE LIBERO	1,235	864	371
Managed Assets	4,601	2,806	1,795
Non Managed Assets of which: Securities	556 237	1,281 216	-725 21
Total	5,157	4,087	1,070
Life New Business
	Sep 2017	Aug 2017	Abs. Chg
Life New Business	166	220	-54
	Jan-Sep 2017	Jan-Sep 2016	Abs. Chg
Life New Business	2,319	2,889	-570

CONTACTS:

www.bancagenerali.com

Media Relations Michele Seghizzi Tel. +39 02 6076 5683

Michele.seghizzi@bancagenerali.it

Investor Relations Giuliana Pagliari Tel: +39 02 6076 5548

giuliana.pagliari@bancagenerali.it

The Manager responsible for preparing the company's financial reports (Tommaso Di Russo) declares, pursuant to Paragraph 2 of Art. 154-bis of the Italian Consolidated Law on Finance, that the accounting information contained in this press release corresponds to the documentary results, books and accounting records. Tommaso Di Russo (CFO of Banca Generali)