A history of growth: from the outset, we have experience for the future
The Banca IFIS Group enters the NPL market concluding the IPA in respect of Toscana Finanza S.p.A.
The Company merges with Banca IFIS S.p.A. in December.
TheNPL Area is established; the Group’s business area dedicated to the acquisition without recourse, management and collection of doubtful loans. CrediFamiglia is established within the NPL Area, focusing on the ethical and sustainable recovery of doubtful loans.
The most significant transaction for the purchase of a single portfolio is completed, for a nominal value of € 1.4 billion.
The new office for the NPL Area is inaugurated in Florence, a hotbed for innovation, symbolising the will to grow whilst remaining loyal to the Group’s values.
Banca IFIS completes the acquisition of Cap.Ital.Fin. S.p.A.,specialising in funding based on salary/pension-backed loans and announces the acquisition of the FBS servicer. Thus creating the first integrated operator for Italian NPLs.
IFIS NPL S.p.A. becomes operational as from 1 July. Controlled for 100% by the Banca IFIS Group which integrates the unbundling of the NPL Area at Banca IFIS S.p.A. to position the Group to take advantage of future opportunities in a market that is continually evolving.
As of January 2019 Banca IFIS completes the acquisition of 90% of FBS SpA, the fourth servicer in Italy active in the management and transformation of impaired loans.
The merger of the CrediFamiglia brand and IFIS NPL company completed on 18 July 2019.