Latest updates on Alpian. A word from our CEO

My name is Gianmarco Bonaita, and I serve as the CEO of Alpian. For those who may not know me, I embarked on this journey when the bank was merely a vision on a piece of paper. Over the past five years, I have had the privilege of witnessing Alpian evolve through various stages, fulfilling its promises and becoming a bank that thousands of people rely on today. I would gladly undertake this journey again.

Initially, there were the years of seeding—capital seeding, but also planting all the elements that make us unique today. After obtaining the highest mark of quality for a bank, a FINMA license, we commenced operations in October 2022. The year 2023 was a time when we needed to prove ourselves. Gaining trust and demonstrating our uniqueness takes time, especially in a country with the highest density of banks per square meter.

But we succeeded and set new standards for the industry. We reduced foreign exchange (FX) rates to levels few had dared to venture before, offered some of the most attractive interest rates on cash accounts—payable monthly—and delivered above-average performance on our investment mandates at a cost 45% lower than the average traditional bank. And my favourite measure of success, if you ask me, is the average rating of 4.9 that our customers have given our advisors. For us, putting our clients at the heart of what we do is more than just a slogan—it's our founding principle.

2024 is the year we will begin to make our mark in the industry. Our growth since the beginning of the year has been exponential, and we are on track to surpass the 100 million AUM mark. Month after month, we see our clients entrusting us with more of their assets because we offer something different. On the financing front, we are poised to complete a major capital increase that will enable us to extend our services to even more people. Our historic shareholder, Fideuram – Intesa Sanpaolo along with other existing investors are renewing their trust. What more could we hope for?

I am very proud of the progress we’ve accomplished so far and I am looking forward to the next steps. I would like to close this note by thanking all our clients and partners for their trust. This fuels our journey toward excellence and innovation.