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GRUPPO CREDEM PRESS RELEASE CREDEM , CONSOLIDATED RESULTS AS AT 30 SEPTEMBER 2021 : STRONG GROWTH IN PROFIT , LOANS AND DEPOSITS The Group's support for the country's economic recovery continued . Strong acceleration on sustainability . Integration of Cassa di Risparmio di Cento into Credito Emiliano concluded . PROFITABILITY AND VALUE GENERATION SOLIDITY AND ASSET QUALITY SUPPORT TO THE ECONOMIC RECOVERY STRONG GROWTH OF THE CUSTOMER FUNDING INVESTMENT IN PEOPLE SUSTAINABILITY • Consolidated net profit ( 1 ) at € 275.8 million , + 98.1 % compared to September 2020 , impacted by the positive accounting contribution of the Caricento acquisition ( badwill ) ; • Annualized ROE ( 2 ) 11.6 % ; • ROTE ( 3 ) 13.4 % , ROTE net of the accounting effects ( badwill ) of the acquisition of the Cassa di Risparmio di Cento 8.9 % . ● Pro - forma indicators , including the profit for the period , at the top of the Industry in Italy and Europe to protect customers and the market : Banking Group Common Equity Tier 1 Ratio ( 4 ) at 16.14 % . Credemholding Common Equity Tier 1 Ratio ( 4 ) ( prudential perimeter ) at 14.30 % compared to the minimum 7.56 % assigned by the ECB ( 5 ) with over € 1.5 billion of margin on regulatory capital requirements ; • Low incidence of non performing loans , at 2.58 % of loans ( Gross NPL Ratio ( 6 ) ) compared to the 3.76 % average of Italian banks ( 7 ) ; • Positive contribution of loan loss provisions and annualized cost of risk ( 8 ) at -1 basis point . • Loans to customers ( 9 ) at € 31.5 billion , + 11.9 % YoY ( over 6X compared to the Industry ( 10 ) , up by 1.9 % ) of which new residential mortgages inflow at € 1.4 billion in 9M21 ( + 15.1 % compared to the same period in 2020 ) . • More than 64,000 new customers ( 11 ) ; · development of the bancassurance model : client assets ( 9 ) + 18.5 % at € 88.5 billion of which AUM + 19.9 % at € 34 billion , insurance products + 12 % at € 8.4 billion ; • 250 new hiring in the first nine months of 2021 to support the growth of the Group ; · Up to 92 % of employees in remote working ; Ongoing training even remotely , with 34,500 days of training provided . • Group Sustainability Committee set up and supervision of environmental , social and governance risks assigned to the Group Risk and Sustainability Committee ; 1