Bond and equity markets declined significantly and across the board during 2022, due to the macroeconomic and geo-strategic situation.
Against this complicated backdrop, Bankinter's investment funds business set a new record in revenues, reaching 198.2 million euros and exceeding the previous year's figure by 0.2%.
Despite the sharp downturn in the markets, which negatively affected the portfolio by almost 3 billion euro, commercial activity and retention efforts ensured that the volume in funds declined relatively little, from 25.662 billion euro in 2021 to 24.133 billion euro in 2022.
In order to enrich and adapt our portfolio to different investment profiles and to take advantage of market opportunities, during the year we launched the Bankinter Metaverso fund and two new fixed-income maturity ranges: Horizonte and Deuda Pública.
Total portfolio value
deposited
(in millions of euros)
–6%
2022 | 2021 |
---|---|
24,133 | 25,662 |
Income Ex VCF
(in thousands of euros)
+0.2%
2022 | 2021 |
---|---|
198,217 | 197,744 |
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