Our story

A story of success and growth.

Established in 1983 as an operator specialised in factoring, we have been able to grow and evolve to seize market opportunities.

The transformation into a Bank, the listing on the Stock Exchange, the diversification of sources of funding, the entering into the NPL and acquisitions sector, which have supported our growth, have all been fundamental to our path of evolution, allowing us to attain a unique position in the financial landscape in Italy. 

We have transformed ourselves by remaining faithful to our values relating to innovation, speed and strength.

1983
2002
2003
2004
2008
2011
2016
2018
2019
2020
2021

1983

I.Fi.s, Istituto di Finanziamento e Sconto, was established in Genoa as a financial intermediary mainly for the acquisition of trade receivables and the provision of financing in the form of factoring.

2002

Ifis became a Bank and joined Factor Chain International to operate on a global level, after opening its branches in Romania and Poland.

2003

Banca Ifis was admitted to listing on the MTA (Mercato Telematico Azionario) of the Milan Stock Exchange.

2004

One year after its listing, Banca Ifis was admitted to the STAR segment of the Italian Stock Exchange, dedicated to medium-sized companies with requirements of excellence.

2008

To diversify its sources of funding, Banca Ifis launched Rendimax, the high-yield online savings account.

2011

Banca Ifis entered the NPL market, which would become one of the pillars of its business. The first step was the acquisition of Toscana Finanza, which would later become the Group’s NPL area.

2016

Banca Ifis significantly strengthened its activities at the service of businesses with the acquisition of GE Capital Interbanca. The group entered the new business segments of corporate bankingleasing, medium-term lending and structured finance.

2018

Progress in the NPL area continued: Ifis Npl became fully operational and welcomed the spin-off of the NPL area of Banca Ifis.

The path of growth through acquisitions accelerated: Capitalfin, a consumer credit company specialising in salary/pension backed loans and Credifarma, a specialist in loans to pharmacies, joined the Group.

2019

There was further strengthening in the NPL area with the acquisition of FBS (today Ifis Npl Servicing), an independent Italian servicer. This made it possible to consolidate the role of an integrated player active throughout the entire impaired loans chain, from the purchase of portfolios to management.

In April 2019 the Board of Directors and management were elected.

2020

In June 2020 Banca Ifis renewed its image as part of a rebranding project that combined digital innovation and sound identity with the creation of a logo sound brand. The new payoff of the multi-channel communication campaign is “The value of growing together”.

In November, Farbanca became part of the Banca Ifis Group. The purchase of 70.77% of the company is of great strategic value because it allows Banca Ifis to consolidate its market position and form important synergies with the subsidiary Credifarma, creating the first integrated operator specialised in financial services for pharmacies.

2021

On 1 January, the NPL area underwent a corporate reorganisation with the creation of a vertical chain aiming to guarantee the separation and independence of loan acquisitions and collections.

On 22nd April 2021 Frederik Geertman becomes the new Chief Executive Officer of the Group.