Company Profile


IFIS NPL S.p.A.is a company controlled entirely by Banca IFIS S.p.A.
It is dedicated to the acquisition, transformation and disposal of non-performing loan portfolios (NPE), as well as managing third party secured and non-secured portfolios, with the objective of creating value for our customers, the market and the entire financial system.

IFIS NPL S.p.A has been operational since July 1, 2018.The company originates from the unbundling of the previous Banca IFIS NPL Department, with the aim of creating the first integrated player for Italian NPLs.

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. In October 2019, it finalizes the acquisition of 10% of the remaining share capital, becoming the sole shareholder of FBS S.p.A.. This operation marks the first integrated investment and asset management platform in the Italian NPL market, capable of offering a turnkey service – whether management or investment service only, or a mix of the two - in all the categories of impaired loans, from the most fragmented unsecured consumer loans up to real estate, transitioning to corporate.

The merger of the CrediFamiglia brand and IFIS NPL company completed on 18 July 2019.

Starting from October 2019, IFIS NPL is a member of UNIREC, the business trade association dedicated to credit protection.

Our objective is to transform the highest possible number of assets into re-performing positions, thanks to several transformation channels and know-how encompassing human skills, data management and the use of technology.

We believe in the value of ongoing innovation, which translates tangibly into a relationship of value with our customers and our partners.

HIGHLIGHTS
at 30 September 2019

16,6
bln


Portfolio’s Gross Book Value
 

Over
800


people working at IFIS NPL
 

1,2
bln


Portfolio’s Net Book Value
 

VISION


We believe that banks and financial institutions need partners that can support them in identifying the best possible solutions to eliminate distressed loans from their balance sheets, while at the same time, sustainably resolving most managed or proprietary non-performing positions.

MISSION


We create value for the market, customers and the financial system. Thanks to ongoing innovation, responsible data management and a digital approach, , we are taking increased advantage of the opportunities provided by a continuously evolving market, confirming our leadership position and offering financial stability to Italian households.

VISION


We believe that banks and financial institutions need partners that can support them in identifying the best possible solutions to eliminate distressed loans from their balance sheets, while at the same time, sustainably resolving most managed or proprietary non-performing positions.

MISSION


We create value for the market, customers and the financial system. Thanks to ongoing innovation, responsible data management and a digital approach, , we are taking increased advantage of the opportunities provided by a continuously evolving market, confirming our leadership position and offering financial stability to Italian households.