Q4 2022 Mediobanca Banca di Credito Finanziario SpA Earnings Call Transcript
Good day, and thank you for standing by. Welcome to the Mediobanca 2021-2022 Full Year Results Conference Call. (Operator Instructions) Please be advised that today's conference is being recorded.
I'd now like to hand over to your speaker, Mr. Alberto Nagel, CEO. Please go ahead.
Good afternoon. Thank you for joining the call. As a comment -- starting with a comment for the 12 years results, we can say that business model efficiency, strong positioning and diversification with no compromise on the development and growth initiative, but also sticking to outstanding asset quality paved the way for a record year results, and a solid Q4. This was obtained in the context of, as we know, more challenging macro because of the well-known events, in particular in the second half of the year.
If we stick to growth, we have had quite an unprecedented expansion of profitable assets, driven by strong commercial performance, in particular, EUR 9 billion of net new
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