MARKET WATCH NPL – SEPTEMBER 2019
Banca IFIS Group: Net profit for the period 68,3 million, Net banking income 279,2 million
2nd quarter 2019: 1 April – 30 June RECLASSIFIED DATA • Net banking income: 149,1 million Euro (+7,5% vs 2Q18); • Net profit from financial activities: 127,1 million Euro (+15,9% vs 2Q18); • Net profit for the period: 38,4 million Euro (+35,3% vs 2Q18); Results first half… Read More
Banca IFIS and Credito Fondiario have started the study of an industrial partnership in the debt servicing and debt purchasing sector
The parties have undertaken an exclusivity commitment of 60 days Mestre (Venice), 2 August 2019 – Banca IFIS S.p.A. and Credito Fondiario Group S.p.A. announce that today they have entered into a non-binding term-sheet relating to studying a partnership in the debt servicing and debt purchasing sector. The non-binding… Read More
Banca IFIS Group, 1.4 billion Euro worth of NPLs in the first half of 2019. NPL portfolio amounts at 22.8 billion Euro gross book value
Mestre (Venice), 2 July 2019 – The Banca IFIS Group remains the leading investor in the market for non-performing loans. In the first six months of the year the Bank completed operations with a combined nominal amount of ca. 1.4 billion Euro through the companies IFIS NPL S.p.A. — specialising… Read More
Banca IFIS Group: Net profit for the period 29,9 million Euro and Net banking income 130,1 million Euro
1st Quarter 2019 Results RECLASSIFIED DATA: 1 January – 31 March • Net profit for the first quarter of 2019: 29,9 million Euro; • Net banking income: 130,1 million Euro, confirming the growth of the core business segments; • PPA Contribution: as expected, it fell to 17 million… Read More
Banca IFIS, the Shareholders’ Meeting approves the 2018 financial statements and the 1.05 Euro dividend per share
Mestre (Venice), 19 April 2019 – The Ordinary Shareholders’ Meeting of Banca IFIS S.p.A, held today under the chairmanship of Sebastien Egon Fürstenberg, approved: • the financial statements for 2018, whose preliminary results were announced on 11 February 2019; • the distribution to shareholders of a… Read More
Banca IFIS, the BoD approved the 2018 draft financial statement and rising dividend proposal of € 1.05/share
Mestre (Venice), March 7th, 2019 – The Board of Directors of Banca IFIS met today under the chairmanship of Alessandro Csillaghy de Pacser and approved the draft financial statement for the year 2018 which incorporate the preliminary results as of December 31st, 2018, previously approved by the Board and disclosed… Read More
The BoD approves the 2018 preliminary results Net profit for the 4th quarter: 57,8 million Euro Net profit for the year: 146,8 million Euro
4th quarter 2018: 1 October – 31 December RECLASSIFIED DATA – Net banking income: 173 million Euro (+38% vs 3Q2018); – Net profit from financial activities: 141,8 million Euro (+47% vs 3Q2018); – Net profit for the period: 57,8 million Euro (+154% vs 3Q2018). Financial Year 2018:… Read More
Banks, net NPL more than halved in two years (-56%) In 2019 planned disposals for a further 50 billion gross
Online the 8th edition of the Banca IFIS NPL Market Watch: “2018 Transactions and 2019 Forecast” Milan, 23th January 2019 – In Italy there are 266 billion gross NPLs to manage. To do this, we need a real “bad credit transformation industry”: an industry whose… Read More
