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
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
