hydrangea It plans to nearly double its network. financial advisors (“family bankers” according to their terminology) until they reach about 3,000 by 2025. It currently has 1,620, which represents a 60% increase compared to 2019 before the pandemic. This means reaching 390,000 customers compared to the 208,710 customers it closed in 2022.
The asset it acquired 22 years ago finance And earned 29.97m euros in Spain last year (more than twice the previous exercise), but also Increasing the proportion of customers using it as their main bank from the current 46% to 50%. After entering finance (loans and mortgages) in 2015 and in business Insurance from Generali and Mapfre It has a complete offer for banking customers in 2019.
Minister, Carlos Tusquets; fine adviser, Igor Garzesi; and commercial director, except the doorevaluated banking models based on financial advisors to accompany clients throughout your financial lifecycle. Another one of his goals To close 2023 with a management of 10,000 million euros, Compared to 8,900 million in 2022; and will reach 13,000 million by 2025.
3% and 4% deposit
Unlike large banks, Mediolanum has a deposit that pays 3% quarterly and another 4% every six months for new customers who contribute at least 3,000 million to manage their payroll. In any case, the bank’s model “The product is a tool, not a goal”They explain because their approach is to analyze the risk profile of the client’s risk and plan their investments.
Mediolanum, which decided to move in 2017 headquartered in Valencia, Coinciding with the 1-O referendum but keeping its financial center in Barcelona default rate of 0.48%, well below average. The loan portfolio reached € 1,208 million last year, an increase of 107% compared to three years ago. The total number of customers reached 208,710 last year, an increase of 12% compared to 2021.
Tusquets reviewed the bank’s results for 2022, when it closed with a profit of 29.97 million (+117%), a ROE of 17.8% and a liquidity ratio of 300%. Both Tusquets and Garzesi agree on predicting that the European Central Bank (ECB) will continue to raise interest rates unless “it can bring inflation back to near 2%”. Adding the Russian invasion of Ukraine into the equation, the CEO added, “Until inflation is corrected, rates and Euribor will continue to rise,” because, according to him, ending this will help change the Macroeconomic environment.
Likewise, he assured that it was “inevitable” for banking institutions to start repaying their customers’ deposits, as the environment had to adapt to the current reality, as he put it.
Source: Informacion
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