Banca Ifis exceeds targets with profit of 68,8 million Euro.

Banca Ifis exceeds targets and closes 2020 with profit of 68,8 million Euro. Geertman joins the Board of Directors   In a year that has been profoundly marked by the COVID-19 pandemic, the Group has exceeded expectations, confirming resilient profitability and taking decisive action to derisk the business On the… Read More

Banca Ifis and Illimity: first deal for the sale of a NPL portfolio

Milan, 7 August 2020 – Banca Ifis and illimity Bank announce they have finalized a deal involving non-performing loans (“NPL”) for a total Gross Book Value of approximately 266 million euro and related to around 4,000 debtors. Specifically, the portfolio sold by illimity to Ifis NPL, a subsidiary of Banca… Read More

During the first half, business proves to be resilient

During the first half, business proves to be resilient and the equity position improves despite the difficult context   Net profit stands at 37 million Euro, net of adjustments and impairment for 36 million Euro (pretax) as a result of the Covid-19 Improving equity position with an increase of CET1… Read More

Banca Ifis purchases 335 million Euro of NPLs from UniCredit

Since the beginning of the year, the Bank has acquired 10 non-performing loan portfolios with a total nominal amount of 800 million Euro. Milan, 2 July 2020 – Banca Ifis is reaffirming its leadership and dynamism in the NPL market. Today Banca Ifis and UniCredit finalised the purchase… Read More

Banca Ifis presents its new image

«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