The acquisition of 90% of FBS has been finalized today: introducing the first integrated player for Italian NPLs with an overall portfolio of € 23.5 billion Milan, January 7th, 2019 – Today Banca IFIS Group has finalized the acquisition of FBS S.p.A, the fourth national player… Read More
Mestre (Venice), 2 January 2019 – IFIS NPL, the company owned by Banca IFIS Group dedicated to the acquisition, managing and transformation of non performing loans, bought from Monte dei Paschi di Siena a NPL portfolio with gross book value of euro 1.16 billion. The portfolio acquired includes over 83,000… Read More
Milan, 22 November 2018 – Banca IFIS announces that the Bank of Italy has approved the acquisition of a control stake in FBS S.p.A., a company specialising in servicing activities (master and special services) within the NPL sector, and acting as a secured and unsecured NPL portfolio manager, due diligence… Read More
On Wednesday 21 November, the 12th edition of CVDay, organized by Credit Village, credit management’s event of the year for both Italian and foreign players, will be held in Milan. Credifamiglia will be sponsoring the event and IFIS NPL’s Emanuele Leoni, Workout Management IFIS NPL, will be speaking at the… Read More
Mestre (Venice), 14 November 2018 – Banca IFIS continues purchasing NPLs with the aim of helping delinquent borrowers become reperforming. After showing restraint in the first half of the year by suspending purchases, and buying eight portfolios for 1.834 million Euro in the third quarter, the Bank started the fourth… Read More
Highlights– Results for the first nine months of 20181 RECLASSIFIED DATA2 First nine months 1 January-30 September o Net banking income: 403,6 million Euro (+7,5%); o Net profit from financial activities: 334,6 million Euro (-13,4%); o Operating costs: 208,9 million Euro (+15,6%); o Group net profit… Read More
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
Mestre (Venice), 18 July 2018 – IFIS NPL has acquired from UniCredit and other three players four distressed loans portfolios for a total of approximately € 600 million (nominal value), corresponding to more than 27,500 positions. The loans were purchased mainly on the primary market, mainly unsecured. Below are details… Read More
Banca IFIS ‘s new subsidiary will become operational on 1 July 2018 Mestre (Venice), 28 June 2018 – The NPL hub of Banca IFIS continues to evolve. After the recent agreement concerning the acquisition of the Italian servicer FBS, allowing the Group to enter the servicing… Read More
