Section 2 – Commissions – Items 40 and 50

2.1 Commission income: breakdown

Composition/Type 31.12.2014 31.12.2013
a) Guarantees granted 102 -
b) Derivatives on loans - -
c) Management. brokerage and consultancy services: - -
  1. Trading of financial instruments - -
  2. Trading in currency - -
  3. Asset management: - -
     3.1. Individual - -
     3.2. Collective - -
  4. Safe custody and management of securities - -
  5. Depository bank - -
  6. Placement of securities - -
  7. Order collection and transmission - -
  8. Consultancy - -
    8.1 On investments - -
    8.2 On financial structure - -
  9. Third party services - -
    9.1. Asset management: - -
      - 9.1.1. Individual - -
      - 9.1.2. Collective - -
    9.2. Insurance products - -
    9.3. Other products - -
d) Services of collection and payment 1.009 1.190
e) Servicing services for securitisation transactions - -
f) Services for factoring transactions 60.511 59.203
g) Tax collection and payment - -
h) Management of multi-lateral trading systems - -
i) Current account holding and management 1.083 1.054
j) Other services 2.122 1.901
 Total 64.827 63.348

2.3 Commission expense: breakdown

Services/Values31.12.201431.12.2013
a) Guarantees received (1.853) (2.268)  
b) Derivatives on loans - -
c) Management, brokerage and consultancy services: (91) (97)
  1. Trading of financial instruments - -
  2. Trading in currency - -
  3. Asset management: - -
    3.1 treasury portfolio - -
    3.2 third parties portfolio - -
  4. Safe custody and management of securities (91) (97)
  5. Placement of financial instruments - -
  6. Off-site offer of financial instruments, services and products - -
d) Services of collection and payment (2.671) (155)
e) Other services (1.860) (3.664)
Total (6.475) (6.184)

Guarantees received include 1,7 million Euro in commissions paid on bonds guaranteed by the Italian Government. These bonds were settled in October 2014.

Other services substantially include commissions arising from approved banks’ brokering, the work of other credit brokers, and commissions paid to correspondent factors.

 

Last updated on 2015-02-18