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
Milan, 6 December 2019 – Banca IFIS confirms his leadership in unsecured NPLs by acquiring, with Barclays Bank plc and Guber Banca, a non performing loan portfolio with gross book value of ca. Euro 1.4 billion. The portfolio consisted of over 22,000 bank loans disposed by a primary financial institution,… Read More
Results for the first nine months of 2019 RECLASSIFIED DATA: 1 January – 30 September • Net profit for the period: 84 million Euro compared with 89 million Euro in the first nine months of 2018. The change was affected by the natural decline of the “PPA reversal”;… Read More
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
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
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
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
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
