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Banca IFIS buys 450 million Euro of NPLs

Milan, 5 April 2016 – The purchasing activity of Banca IFIS in the consumer credit sector of NPLs has continued also in the first quarter of 2016. The bank has acquired, in two separate transactions, receivables with a total nominal value of about 450 million euro, which corresponds to approximately… Read More






Banca IFIS in 2015: net profit hits 162 million euro (+69%), excellent credit quality. Market cap more than doubled, capital adequacy ratios are over 15%

Financial Year 2015 1 January-31 December Net banking income: 408,0 million Euro (+43,6%); Net profit from financial activities: 373,7 million Euro (+49,7%); Profit for the period: 162,0 million Euro (+68,9%); Bad loans ratio in the Trade Receivables segment: 1,1%; Cost of credit quality for trade receivables: 90 bps; Common Equity… Read More