Banca IFIS is promoted by Standard & Poor's. Indeed, the US rating agency confirmed the positive assessment of FBS spa, the company specialized in the management and recovery of mortgage credits (in particular residential and commercial mortgages, and unsecured loans in Italy), integrated into the Veneto banking group two years ago. Standard & Poor's judgment is always “above average” (above the average), and the outlook has also been confirmed as stable.
The specialized FBS servicer is led by the general manager Francesco De Marco, who is also in charge of NPL Workout Management of IFIS NPL, the company acquired on 7 January 2019 by Banca IFIS, which has controlled the entire share capital since 30 October 2019. The rating agency also noted how Banca IFIS is supporting its business continuity and further expansion, providing the servicer with additional skills and resources. For S&P Global Ratings, therefore, the company is well positioned to attract further business and generate growth for all managed asset classes.
