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Banca IFIS acquires full ownership of FBS S.p.A.

Mestre (Venice), 30 October 2019 – Banca IFIS S.p.A. announces that today it closed the acquisition of the 10% interest in its subsidiary FBS S.p.A. held by minority shareholders Paolo Strocchi, Elena Paola Ruo and Giorgio Fedocci for total consideration of 12.2 million euros. By making Banca IFIS the sole… Read More

Negotiations between Banca IFIS and Credito Fondiario ended

Mestre (Venice), 30 October 2019 – Banca IFIS S.p.A’s Board of Directors has decided today to permanently end negotiations with Credito Fondiario and therefore not to move on to the due diligence stage, due to the difficulties encountered in defining a negotiated agreement satisfactory for both parties in terms of… Read More

Banca IFIS and Credito Fondiario: extension of exclusivity commitment

Mestre (Venice), 2 October 2019 – Further to the press release of 2 August 2019 concerning the non-binding term sheet between Banca IFIS S.p.A. and Credito Fondiario Group S.p.A. regarding a potential partnership, the parties have agreed to extend the exclusivity commitment to 31 October 2019 in order to further… Read More

IFIS NPL, finalized three new deals in September for € 1.26 billion.

Mestre (Venice, Italy), 21 September 2018 – In September, IFIS NPL acquired from UniCredit, Deutsche Bank Group and one of the leading Italian consumer credit companies three portfolios of distressed loans for a total of € 1.26 billion (nominal value) corresponding to more than 70,700 positions. All of them are… Read More