Milan, 7 August 2014 – The Board of Directors of Intesa Sanpaolo Private Banking (ISPB), chaired by Giampio Bracchi, approved the Interim Statement as at 30 June 2014, which closed with extremely positive results, in further growth compared to the first half of 2013.

 

• Gross income of 158.8 million euro (+15.3%), with Profit on Assets at 41 bps 
• Assets under management of 84.4 billion euro at total Private Segment level, including 81.4 billion euro in ISPB S.p.A., up by over 3 billion euro since the start of the year
• Highly efficient structure, with a cost to serve ratio of 22 bps and increasing operating margin (+16.4%)
• Net income for the first half of 101.2 million euro (+16.6%), with ROE at 50.6%
• Average assets under management per customer of 2.3 million euro

 

Attacched is the full press release.