Finance Archivi

INTERBANCA (BANCA IFIS GROUP) UNDERWRITES ICM SPA’S BOND ISSUE FOR 5 MILLION EURO

Milan, 15 June 2017 – Interbanca (part of Banca IFIS since 30 November 2016) has underwritten the bond issued by ICM SpA, an industrial group in the construction sector. ICM SpA’s issue was underwritten by Interbanca for 5 million Euro and is the last tranche of a transaction totalling 30 million Euro. The issue will be listed in the multilateral trading system of the Italian Stock Exchange, specifically the ExtraMOT… Read More

Banca IFIS has filed the merger projects of IFIS Factoring and Interbanca The mergers completion is expected in August and October 2017

The CEO Giovanni Bossi: “The strategic roadmap has been respected”. Mestre (Venice), 7th June 2017 – In relation to the acquisition of the former GE Capital Interbanca Group announced on 28th July 2016 and finalised on 30th November 2016, Banca IFIS announces that today – following the authorisation received by… Read More

Banca IFIS, successful launch of the first senior bond

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED IN THE UNITED STATES OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED), OR TO ANY PERSON LOCATED OR RESIDENT IN ANY OTHER JURISDICTION WHERE… Read More

Banca IFIS announces its intention to issue a fixed rate, senior bond for up to 300 million Euro

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED IN THE UNITED STATES OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED), OR TO ANY PERSON LOCATED OR RESIDENT IN ANY OTHER JURISDICTION WHERE… Read More

Approved the results for the first 3 months of 2017 Net banking income at 102,3 million Euro (+33,5%), profit for the period at 32,7 million Euro (+48,3%). Excellent credit quality of loans to SMEs .

“Both the Interbanca integration and the results are positive, we look to the future with the intention to continue improving and growing.” CEO Giovanni Bossi Highlights – 1st Quarter 2017 Results. RECLASSIFIED DATA1 – Net banking income: 102,3 million Euro (+33,5%); – Net profit from financial activities:… Read More

Banca IFIS, further transactions in the NPL sector for a total nominal value of about 414 million euro

Mestre (Venice), 3 April 2017 – Banca IFIS is continuing its acquisitions in the Non-Performing Loan sector. The Institute has completed the purchase of two portfolios of consumer credits and unsecured bank credits with an international fund working in the distressed credit sector for a total nominal value of about… Read More

RELEASE OF THE ACCOUNTING REPORT PREPARED BY THE EXTERNAL AUDIT FIRM AND OF THE REPORT PREPARED BY THE BOARD OF STATUTORY AUDITORS Milan,

Milan, March 30, 2017: Interbanca S.p.A. (a company belonging to the Gruppo Bancario Banca IFIS enrolled in the banking groups register held by the Bank of Italy pursuant to art. 64 of the Consolidated Banking Act) has integrated the financial documentation relating to the year ended December 31, 2016 by… Read More

Banca IFIS has purchased 2 retail and corporate NPL portfolios for a total nominal value of about 573 million euro

Mestre (Venice), 27 March 2017 – Banca IFIS closed two deals for the purchase of about 573 million euro (nominal value) worth of NPLs. The first deal, closed with a leading international investment bank, is related to a portfolio which consists of about 3.500 positions for a nominal value of… Read More

Banca IFIS: record Market Cap, the Group reached a stock value of over 2 bln euro

Mestre (Venice), 22 March 2017 – Today Banca IFIS’s stock (IF: IM, listed in the STAR segment of the Italian Stock Exchange) reached a new record price. At about 10:30AM the stock registered a price of 37,19 euro/share, which brought the Group’s Market Cap at over 2 billion euro. The… Read More

Banca IFIS takes part to the last ECB’s TLTRO for 700 million euro

Mestre (Venice), 21 March 2017 – Today Banca IFIS Group announces the participation to the TLTRO auction, ECB’s last monetary policy action, for 700 million euro. Considering the expected development of Banca IFIS’s loans to customers, the Bank believes that the cost of TLTRO will be negative (-0,40%) for the… Read More