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
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
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
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
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
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
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
