The increase in profitability confirms the strength and validity of the business model even in the current macroeconomic environment. The favourable revenue performance, up 8% compared to the first quarter of 2022, is driven by the positive correlation of trade receivables to rising interest rates, recoveries in the Npl Segment… Read More
The Board of Directors appointed Ernesto Fürstenberg Fassio as President of Banca Ifis and designated Sebastien Egon Fürstenberg as Honorary President of the same institution. Distribution of an interim dividend for FY 2022 in the amount of 52,4 million Euro approved. The Bank’s commercial activity, which grew in all… Read More
NPL meeting: the anti-crisis measures have limited the impact of non-performing loans. Italy meets the EU target: in 2021, NPE ratio below 5%. The NPL industry is confirmed as a resource for the country • 14th edition of the Market Watch NPL report published •… Read More
«The value of growing together» is the payoff of the on-air multi-channel communication campaign starting today The logo is a “digital bloom” formed of a circular graphic element representing people, the Bank’s beating heart, and is inspired by the colours of nature The sound brand epitomises the Bank’s identity and… Read More
First two months of the year in line with Business Plan targets Solid financial position with an increase in CET1 ratio to 11,12% and liquidity of 1,4 billion Euro Swift, incisive response to Covid-19 Safety and protection of health: 93% of personnel working remotely… Read More
Rome, March 12th, 2020 – The Board of Directors of Banca IFIS met today under the chairmanship of Ernesto Fürstenberg Fassio and approved the draft financial statement for the year 2019 which incorporate the preliminary results as of December 31st, 2019, previously approved by the Board and disclosed to the… Read More
Dividend increases to 1,10 Euro per share . Consolidated net profit for the year: 123,1 million Euro. In 12 months the CET1 ratio rises to 10,96%. Retail funding: 4,8 billion Euro reached. RECLASSIFIED DATA • Proposed divided up by 5% to 1,10 Euro per share for a total dividend… Read More
The tenth edition of Banca IFIS’s NPL Market Watch document is now online: “2019 Transactions Market and Servicing Industry” Milan, 29th January 2020 – Italy currently has 325 billion Euro of NPEs to be collected: 246 billion Euro are banking bad loans, while 79… Read More
FINANCIAL TARGETS FOR 2022 – Increase in sustainable profit to 147 million Euro to further improve financial solidity and support growth, whilst also ensuring payment of a significant dividend to shareholders; – ROTE to climb to 8.9%, indicating that the Group is well positioned in the most profitable segments of… Read More
Milan, 7 January 2020 – In 2019, the Banca IFIS Group acquired over 2.9 billion Euro of non-performing loans (in nominal terms) through its investees dedicated to acquiring, managing and transforming NPL portfolios. Specifically, during the year, 21 acquisitions were completed with 15 different counterparties, for a total of over… Read More
