As part of the Group’s continual growth, constantly strengthened by its presence in reference markets, over the years Banca Ifis has finalised several mergers and acquisitions.
Each transaction was an opportunity for Banca Ifis to consolidate its leadership in its reference sectors, integrating its patrimony of expertise, professionalism and experience.
In 2011, with the Public Offer for Toscana Finanza Banca Ifis entered the non-performing loan market, conquering leadership in the unsecured retail segment. In 2016, by purchasing Ge Capital formerly Interbanca, the Group widened its horizons and joined new business segments like corporate banking and structured finance, leasing, rental and medium-term lending.
In 2018 it purchased 70% of Credifarma S.p.A., holding company of reference for pharmacies, established in 1987 based on an idea of Federfarma.
That same year, it completed its acquisition of Cap.Ital.Fin. S.p.A, a company specialised in salary and pension-backed personal loans. Thanks to this transaction, Banca Ifis joined the CQS (salary-backed loan) market.
In January 2019, it finalised acquisition of FBS S.p.A., then to become Ifis Npl Servicing. This transaction made it possible to consolidate its role as an integrated player active throughout the entire non-performing loans market, strengthening its investment and management structures. Starting in January 2021, the two companies Ifis Npl Investing and Ifis Npl Servicing, respectively, will be dedicated to the two specialisations.
On 27 November 2020, the acquisition of 70.77% of the share capital of Farbanca S.p.A. allowed Ifis to strengthen its commercial presence in the pharmacy sector, reaching over 4,700 client pharmacies and acquiring a market share of 26%, thanks to the combination of Credifarma and Farbanca.