Reverse factoring: what is it and how does it work?
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On 31st October 2023, Banca Ifis finalised the acquisition of Revalea, a Mediobanca Group company. The transaction aims to consolidate the Bank’s position as a key player in the market of non-performing loans in the small tickets unsecured segment. The favourable revenue trend, up 4.8% compared to the first nine… Read More
Preliminary results already approved last 9 February, confirmed All time record for net profit at 141,1 million Euro (+40%), guidance for 2023 profit increased Distribution of a dividend proposed to the Shareholders’ Meeting, as balance for FY 2022, of 0,40 Euro per share Resignation accepted of CFO and Manager Charged… Read More
The Board of Directors appointed Ernesto Fürstenberg Fassio as President of Banca Ifis and designated Sebastien Egon Fürstenberg as Honorary President of the same institution. Distribution of an interim dividend for FY 2022 in the amount of 52,4 million Euro approved. The Bank’s commercial activity, which grew in all… Read More
Mestre, 23 May 2022 – Banca Ifis communicates that it has received from the Bank of Italy the notification of the conclusion of the prudential review and evaluation process (“SREP decision”) performed on the Group. The Bank of Italy has identified for 2022 the following capital requirements (equal to the… Read More
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