The Board of Directors of Parent Company “Banco di Desio e della Brianza S.p.A.” has approved the preliminary results of the consolidated and individual financial statements as at 31 December 2014 and the Group's 2015-2017 Business Plan
PRELIMINARY CONSOLIDATED NET PROFIT (pertaining to the Parent Company): EUR 40.6 million, compared to a net loss of EUR 4.8 million the previous year. Significant net contribution by Finance
OPERATING MARGIN: EUR 188.6 million, up by 21.3%
INCREASE IN TOTAL DEPOSITS FROM ORDINARY CUSTOMERS: up to EUR 19 billion, for an increase of EUR 3.7 billion (+24.6%), of which DIRECT CUSTOMERS' DEPOSITS: EUR 10.3 billion (+32.2%), with a ratio of “Loans to ordinary customers” to “Direct deposits” standing at 92.2% (previously 88%)
INCREASE IN LOANS: up to EUR 9.7 billion, for an increase of EUR 2.6 billion (+39%), net of repo transactions with institutional counterparties for EUR 0.2 billion
ADJUSTMENTS TO LOANS: equal to EUR 150.9 million (December 2013: EUR 136.9 million; +10.2%)
