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Banca IFIS, board of directors approves the dividend

Banca IFIS's Board of Directors, which met today under the chairmanship of Sebastien Egon Fürstenberg, approved the draft financial statements for the 2017 financial year and confirmed the preliminary results presented on 8 February.

Banca IFIS, board of directors approves the dividend

Banca IFIS's Board of Directors, which met today under the chairmanship of Sebastien Egon Fürstenberg, approved the draft financial statements for the 2017 financial year and confirmed the preliminary results presented on February 8th.

It was also proposed to the shareholders' meeting, which will meet on 19 April 2018, the
payment of a dividend of 1 euro per share, gross of any legal withholdings for each ordinary share, with coupon detachment on April 23, 2018, record date on April 24, 2018 and payment starting on April 25, 2018.

Payment will be made through the authorized intermediaries with whom the shares are registered in the Monte Titoli System.

The Chairman of Banca IFIS, Sebastien Egon Furstenberg, commented on the results as follows: “The Banca IFIS Group continued along its path of development in the sectors it operates in 2017: specialized business credit, an increasingly central element for the country's growth and for the vitality of the Italian economic fabric; the sustainable management of non-performing credit; savings collection. We have also launched important projects that will keep the bank busy in the coming quarters, always guided by the drivers that inspire us, day after day, in our work: control of risk-adjusted profitability, liquidity and absorbed capital. We want to bring our customers the solutions they need quickly, clearly, transparently: this is why digital services are essential and we are investing in them. Finally, also for this year, we have announced a growing dividend: a sign of solidity and gratitude to the Shareholders who continue to appreciate our work and the future projects that the Bank is building”.

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