Investor Presentaiton
Pick-up in activity and impact from partnerships drives fee growth
QoQ
+€21mn (+25%)
YOY
+€23mn (+14%)
Comments
Q1 2021
H1 20
84
167
NCI
NCI
Business credit related
1.0
5.6
Asset management
1.3
Bancassurance
10.0
GENERALI
Cards & Payments
Other
Q2 21
NCI
Asset Management - AuMs increase
€bn
€0.8bn
Non-Money Market
(22%)
H121
6.5
2.4
7.9
9.4
GENERALI
•
•
Business credit related: Increased loan fees on pick-up of activity
Asset management: Mainly non-money market mutual fund fees
benefitting from AuM growth of €0.8bn in H1 21
Bancassurance: €10mn related to early termination of previous
bancassurance agreement
9.0
•
Cards & payments: Stronger transaction volumes
(8.9)
105
H121
NCI
190
• Other: €11.8mn non-recurring benefit in first half of last year to modify
collateral agreements (CSA) affects year-on-year comparison
in line with 2021E Target of €0.4bn
AuM Target
€3.5bn
growth to 2024
2021-2024
14
ALPHA
SERVICES AND HOLDINGSView entire presentation