Market Watch NPL – April 2022
First quarter 2022 results confirm the resilience of Banca Ifis’s business model and its ability to increase the productivity of its core businesses. In Commercial & Corporate Banking, Factoring, Leasing and total credit portfolio all grew at higher rates than the reference markets1, while the further increase in collections from… Read More
Board of Directors renewed: female representation on the Bank’s board rises to 54% from 41% with 7 out of 13 members women BoD confers appointments for the three-year period 2022-2024 Internal committees and supervisory body appointed Mestre (Venice), 28 April 2022 – The ordinary Shareholders’ Meeting of Banca Ifis, which… Read More
Mestre (Venice), 10 March 2022 – The Board of Directors of Banca Ifis met today under the chairmanship of Ernesto Fürstenberg Fassio and has approved the draft and consolidated financial statements for the year 2021 which incorporate the preliminary results as at 31 December 2021, previously approved by the Board… Read More
Digitisation, strategic partnerships, efficiency and sustainability are the Bank’s growth drivers for the next three years The main plan objectives Banca Ifis will continue to focus on business segments with the highest opportunity for growth and profitability to strengthen market leadership: Commercial and corporate banking for SMEs and Npls. Read More
Profit, net of PPA and real estate gains, has grown sixfold on 2020 and is 10% higher than in 2019. The result was achieved despite the prudential interventions within the scope of the COVID-19 pandemic on concentration risk, vintage and Npl portfolio acquired, and the incurring of costs related to… Read More
In the first nine months of the year, the Bank’s revenues recorded double digit growth, reaching 449.2 million Euro: an all-time high, net of the PPA, as a result of strong growth in business in the commercial portfolio and excellent performances in the Npl Segment. Profits up significantly, despite further… Read More
Milan, 19 October 2021 – Ifis Npl Servicing Spa, the subsidiary of the Banca Ifis Group specialized in the management and recovery of Npls also on behalf of third parties, has been upgraded by Fitch Ratings. In fact, the agency has increased the Asset-Backed Special Servicer Rating… 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
