Banca Ifis Archivi

Banca IFIS Group, 1.4 billion Euro worth of NPLs in the first half of 2019. NPL portfolio amounts at 22.8 billion Euro gross book value

Mestre (Venice), 2 July 2019 – The Banca IFIS Group remains the leading investor in the market for non-performing loans. In the first six months of the year the Bank completed operations with a combined nominal amount of ca. 1.4 billion Euro through the companies IFIS NPL S.p.A. — specialising… Read More

Banca IFIS Group: Net profit for the period 29,9 million Euro and Net banking income 130,1 million Euro

1st Quarter 2019 Results RECLASSIFIED DATA: 1 January – 31 March • Net profit for the first quarter of 2019: 29,9 million Euro; • Net banking income: 130,1 million Euro, confirming the growth of the core business segments; • PPA Contribution: as expected, it fell to 17 million… Read More

Banca IFIS, the Shareholders’ Meeting approves the 2018 financial statements and the 1.05 Euro dividend per share

Mestre (Venice), 19 April 2019 – The Ordinary Shareholders’ Meeting of Banca IFIS S.p.A, held today under the chairmanship of Sebastien Egon Fürstenberg, approved: • the financial statements for 2018, whose preliminary results were announced on 11 February 2019; • the distribution to shareholders of a… Read More

The BoD approves the 2018 preliminary results Net profit for the 4th quarter: 57,8 million Euro Net profit for the year: 146,8 million Euro

4th quarter 2018: 1 October – 31 December RECLASSIFIED DATA – Net banking income: 173 million Euro (+38% vs 3Q2018); – Net profit from financial activities: 141,8 million Euro (+47% vs 3Q2018); – Net profit for the period: 57,8 million Euro (+154% vs 3Q2018). Financial Year 2018:… Read More

Banks, net NPL more than halved in two years (-56%) In 2019 planned disposals for a further 50 billion gross

Online the 8th edition of the Banca IFIS NPL Market Watch: “2018 Transactions and 2019 Forecast” Milan, 23th January 2019 – In Italy there are 266 billion gross NPLs to manage. To do this, we need a real “bad credit transformation industry”: an industry whose… Read More

FBS joins the Banca IFIS Group

The acquisition of 90% of FBS has been finalized today: introducing the first integrated player for Italian NPLs with an overall portfolio of € 23.5 billion Milan, January 7th, 2019 – Today Banca IFIS Group has finalized the acquisition of FBS S.p.A, the fourth national player… Read More

Banca IFIS updates the EMTN programme for issues of up to 5 billion Euro

London, 26 September 2018 – Banca IFIS announced that today it signed the update of the non-convertible bond issuance programme denominated “EMTN Programme – Euro Medium Term Notes” (The “Programme”) established in July 2017. The update of the “Programme” will allow Banca IFIS to continue taking prompt and flexible advantage… Read More

Banca IFIS: Deed of merger of IFIS Leasing into Banca IFIS signed

Mestre (Venice), 15 May 2018 – The deed of merger by incorporation of IFIS Leasing S.p.A. into Banca IFIS S.p.A. has been signed today. The transaction, already approved by the respective Boards of Directors on 20 April 2018, will be effective as of 28 May 2018, pursuant to article 2504… Read More

Banca IFIS acquires FBS, creating the first integrated player for Italy’s NPLs

Closing expected in September. The CEO Giovanni Bossi: “This acquisition gives rise to Italy’s first completely integrated Asset Management Company, with over 20 billion of assets managed both on our own and on behalf of third parties”. TRANSACTION HIGHLIGHTS • The servicer FBS joins the… Read More

Banca IFIS Group: positive performance in lending to enterprises and managing NPLs, driven by the increase in volumes, the number of customers, and new investments in technology.

Net banking income up +35%, net profit up +16%. The Group continues hiring, over 70 new hires in the first 3 months of the year. Highlights– Results of the first quarter of 2018 RECLASSIFIED DATA 1: 1 January – 31 March – Net banking… Read More