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Banca IFIS enters the pharmacy market

Alongside the Veneto bank's core business, medium-term financing dedicated to retail entrepreneurial customers is added, providing credit to pharmacy owners against their commercial exposures.

Banca IFIS enters the pharmacy market

Banca IFIS enters a new market with high potential for growth and profitability: that of pharmacies. In a historical moment in which the availability of financial resources, in the short and medium term, is extremely weak, the Venetian bank has thus decided to become financial partner of the pharmacy owners, interlocutor par excellence in the world of credit disbursement. Thus, alongside short-term finance, the historical core business of the institute, medium-term financing dedicated to entrepreneurial customers is added retail, providing credit to pharmacy owners against their commercial exposures.

"Being able to count on solid assets and abundant liquidity, the Bank has decided to accept the challenge of financing pharmacies, a market that will bring profitability in terms of volumes and growth, to the benefit of the Group's results" he said Albert StaccioneGeneral Manager of Banca IFIS. “This is a market undergoing evolution, which requires dedicated financial support: hence the Bank's willingness to play a role of leader also in this sector, in which we can bring technical and capital skills, together with a sustainable and profitable business model".

In compliance with the digital soul of Banca IFIS, the Pharma Area will also have web and social controls. Own the site dedicated to Banca IFIS Pharma and Pharmacies is online from todayhttp://pharma.bancaifis.it The Pharmacies business unit was integrated into the already existing “Banca IFIS Pharma” area, and will have its operational headquarters in Milan. Attached is the press release with all the details and the image of the Banca IFIS Pharma logo.  

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