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Mestre/Florence, 8 September 2011. The Boards of Directors of Banca IFIS S.p.A. and Toscana Finanza S.p.A., met today to approve the merger by incorporation of Toscana Finanza into Banca IFIS and the relevant Directors’ Report.
Called Banca IFIS Board for the Merger with incorporation of Toscana Finanza
Faster margin growth and higher Core Tier 1 indicators. Record profits and increased equity confirm the Bank’s excellent solidity.
Banca IFIS is the only independent operator on the market specialised in lending financial support to enterprises. Its extensive knowledge of Italian businesses, together with its extreme flexibility in granting financing, makes Banca IFIS one of a kind, able to guarantee thousands of enterprises easier access to credit and the answer to their financial needs.