Logo Banca Ifis

Business model

Banca Ifis has been operating in the Italian banking sector for over 40 years, applying a strong business model characterised by a high degree of specialisation and diversification. We support the growth and sustainable transition of small and medium-sized enterprises and operate in investment banking, an area in which, since 2025, we have strengthened our position by also expanding our offering to include asset management services through the Fürstenberg brand. We have also expanded our retail offering by entering the world of digital banking through the successful acquisition of illimity Bank.

We operate in highly profitable sectors, where we possess proven management capabilities, distinctive expertise and well-established market recognition.

Banca Ifis’s business model is also characterised by sustainability, particularly social sustainability, which is strategically and operationally integrated into its models and processes.

 

The main aspects of the business model are covered below:

Business model

Innovation

Innovation

In product and service delivery. In technological infrastructure.

Rapidity

In response and execution.

Specialist areas

In highly profitable product and market segments.

Flexibility

In listening to customers and in customer service. In investment and divestment decisions.

Generation of sustainable profit, self-financing, growth and, at the same time, distribution of attractive dividends.

We aim to generate sustainable profits, achieve self-financing, deliver growth and, at the same time, distribute substantial dividends.

Our goal is continuous improvement, leveraging technology to provide a service that is always cutting-edge and innovative, and to remain competitive in our target markets at all times.

For us, it is important to support the local area through projects and initiatives that create tangible, sustainable value shared with all stakeholders.

In line with the long-term vision of our principal shareholder, generating a positive social impact is at the heart of our activities. Through Kaleidos – our social impact hub – Banca Ifis has implemented more than 60 projects, representing a total investment of approximately 10 million Euro.

Our Value Creation

Value for the enterprise and territories

We support the growth of SMEs through access to financial services and their integration into global value chains and international markets.

Value for the environment

We promote the efficient use of resources, the use of renewable energy and sustainable mobility, including through dedicated products and financing programmes to support the development of business activities.

Value for people and the community

We support the inclusion of people and create value in the regions in which we operate through projects in the fields of medical and scientific research, the arts and sport.

Our commitment for sustainability

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In these years, Banca Ifis has successfully completed the 2022-2024 D.O.E.S. Business Plan, exceeding all its financial targets and moving increasingly towards digitalisation and sustainability. The cumulative profit achieved over the three-year Plan period amounted to 463 million Euro, 12% above the Plan targets, and we distributed value to our shareholders through a cumulative dividend 47% above the target.

Digital innovation for business

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A competitive position

We are a Group founded on the principle of specialisation, initially as a factoring company, then growing through external acquisitions and, over the years, expanding our commercial offering for businesses, with a gradual diversification into markets where we create a value proposition: from asset management to digital banking.

Starting 2025, a new phase of transformation began for Banca Ifis: a turning point during which the Group made strategic acquisitions to expand its reach among retail customers and strengthen its role in providing finance to businesses. The incorporation of illimity Bank’s expertise and digital platforms has driven the adoption of a faster, more open model, laying the foundations for the development of a digital bank capable of leveraging technology, experience and innovation.

At the same time, the Group, which was already active in the world of investment banking, has expanded its horizons into Wealth Management through Furstenberg SIM, where strong performance, efficiency and cost transparency are the daily promise made to those seeking dynamic asset management.

In line with the Chair’s vision, the Banca Ifis Group continues to place a strong focus on social sustainability in every area of its business – from supporting businesses to specialising in the management of non-performing loans – thereby managing its impact on communities, regions and individuals and consolidating a distinctive position on the Italian market.

Commercial banking

We hold a strong competitive position in providing services and support to Small and Medium-sized Enterprises, to which we offer  tailor-made solutions.

We are among the leading factoring providers in Italy in terms of turnover, with a market share of 5,7%1. We also offer medium- and long-term financing, with or without guarantees, for industrial investments.

We are a leading provider of leasing and rental solutions to support the productivity of Italian businesses, offering flexible services designed to meet their needs and business objectives.

We also specialise in the management of tax credits, thanks to a dedicated division. We also have a significant presence in the pharmacy finance sector, through the company Banca Credifarma

Over the years, we have developed specialist expertise in assessing the creditworthiness of SMEs, which makes us the market benchmark. Today, we have a total of approximately 100.000 corporate customers.

1 Source: Assifact: preliminary data as at December 2025. The figure includes both Banca Ifis’ share and illimity’s share (Italy-wide).

Investment Banking and Wealth Management

We specialise in advisory services for corporate acquisition, M&A, Structured Finance, Equity Investment and Capital Markets transactions, drawing on our specialised expertise, a deep understanding of the Italian entrepreneurial landscape and an international perspective.

Through Fürstenberg SIM, we offer an advanced approach to personal and corporate wealth management, built on our extensive experience, which enables us to provide transparent solutions based on an analytical methodology. We also operate in the world of private capital through Fürstenberg SGR, a company dedicated to supporting the strategic development of SMEs through closed-end mutual funds, providing professional investors with opportunities for diversification into illiquid assets.

Personal banking

The journey that led us to expand our offering to private customers saw the Group position itself, for the first time in its history, in the wealth management segment, starting in 2008 with the Rendimax Deposit Account, then moving on to support for households through Capitalfin’s salary and pension-backed loans, and finally to the rental solutions provided by Ifis Rental Services.

With the addition of illimity Bank to the Group, retail client services are set to expand and be further enhanced, thanks to the company’s wide range of digital products, including current and deposit accounts, customisable payment cards, and an advanced home banking platform that enables the simple and secure management of personal finances.

To learn more, visit the Banking Services for Businesses and Individuals page.

Npl

The Banca Ifis Group is the 5th-largest specialist player in the Italian non-performing loan sector, with a proprietary portfolio of 17,8 billion Euro (GBV) as at 31/12/2025, and a leader in the unsecured Npl investment sector.

Banca Ifis operates as primary investor and proprietor of one of the best servicers today operating nationwide, uniquely combining a capacity to acquire and manage Npl portfolios, with an ethical collection model aiming at ensuring the financial re-inclusion of families and businesses.

To find out more, visit the Management of Non-Performing Loans page.

Company

Market share*

Intesa Sanpaolo

22%

Unicredit Factoring

17%

Ifitalia

11%

Factorit

7%

Gruppo Banca Ifis1

6%

Fidis

5%

Monte dei Paschi di Siena

5%

BPER Factor

4%

Crédit Agricole Factoring

4%

Mbfacta

3%

*Source: turnover as at December 2025 – Assifact OSSFIN
1Data includes both Banca Ifis’s and illimity’s shares (Italian market)

Company

Market share*

Intesa SanPaolo S.p.A.

14%

BNP Paribas Leasing Solutions S.p.A.

12%

Unicredit Leasing S.p.A.

11%

Alba Leasing S.p.A.

8%

Credemleasing S.p.A.

6%

Gruppo BCC Iccrea

6%

Gruppo BPCE Equipment Solutions

6%

Crédit Agricole Leasing Italia S.r.l.

5%

Banca Monte dei Paschi di Siena S.p.A.

4%

Sardaleasing S.p.A.

4%

CA Auto Bank S.p.A.

3%

Sella Leasing S.p.A.

2%

Gruppo Banca Ifis

2%

SelmaBipiemme Leasing S.p.A.

2%

DLL Group

2%

*Source: Outstanding value – ASSILEA Report 2025

Company

NPLs AuM (€bn) 

DoValue+ Gardant

82.4

Cerved + Prelios

56.6

Intrum

36.9.2

Amco

30.9

Ifis Npl Investing

17.8

*Source: Estimate by the Banca Ifis Research Department as at 31 December 2025.