Banca Ifis: in 9 months the profit rises to 126,6 million, ok to maxi advance dividend of 1,2 euros
2024 guidance also confirmed. Frederik Geertman CEO for another three years. Stock rises sharply on Piazza Affari
Banca Ifis publishes the study of the 700 Italian companies that invest in Art and Culture
Banca Ifis with the report “Economy of Beauty” 2024 highlights the role of art and culture as strategic assets for corporate competitiveness. According to the report, companies that invest in art and culture record an increase in…
National Gallery of Modern and Contemporary Art, Brera Art Gallery and Banca IFIS: agreement to enhance artistic heritage
A partnership has been signed between the two institutions for the mutual valorization of their artistic heritage, realized thanks to the collaboration of Banca Ifis, which will see as its first initiative an exhibition dedicated to Mario Ceroli, in December 2024 at Palazzo Citterio in…
Banca Ifis: impaired loans rise throughout Europe, not in Italy. Bad loans portfolio, Germany and France are concerned
France has the worst stock with 121 billion and Germany the highest increase. In Italy, however, NPLs are decreasing and for the Undersecretary of the Economy, Freni, they have also been managed better. The president of Banca Ifis, Fürstenberg: it is necessary…
Banca Ifis, net profit and revenues growing in the first half of 2024. Guidance for the full year confirmed
Banca Ifis closes the first half of 2024 with a net profit of 93,6 million (+2,8%) and confirms the annual guide of 160 million. Revenues growing thanks to the commercial and NPL sectors
Banca Ifis strengthens its support for businesses with new Sace guarantees for innovation and sustainability
Two new agreements between Banca Ifis and Sace to expand the tools to support Italian companies. The "Future Guarantee" facilitates access to credit for digital and technological innovation projects, while the "Green Guarantee" supports companies in the transition…
Banca Ifis restructures securitization of factoring credits worth 1,15 billion euros
Thanks to the operation, economic conditions were improved and the pool of investors expanded from six to eight, with the entry of Cdp and Natixis Cib
Banca Ifis: artificial intelligence at the service of financial ethics
The vice president of Banca Ifis, Simona Arduini, at the Business Ethics Summit: "Artificial intelligence is fundamental for the future of finance, but it must be managed in an ethical and responsible way"
Banca Ifis, profit rises by 2,7% to 47,2 million in the first quarter of 2024. Dividend: here's when it will be distributed
In the first quarter of 2024 Banca Ifis recorded a net result of 47,2 million euros, up 2,7% compared to the 45,9 million euros of the first quarter of 2023. Revenues grew by 5,4%
EIB and Banca Ifis: 300 million for innovative investments by SMEs and Mid caps
Loans to businesses will be activated for a total of 300 million euros aimed at supporting investments in innovation to support the growth and development of Italian SMEs. The agreement falls within the scope of the "National Transition Plan 4.0"
Banca Ifis: record 2023 profit and dividend of 2,1 euros per share. The stock is trading on the stock exchange
The profit rises to 160,1 million and reaches the result expected for the third year of the industrial plan ahead of schedule. Net interest and other banking income grew by 3,5%, Banca Ifis confirms the net profit target for 2024
Ex Ilva: if there is no agreement, the commissioner will be there. Urso: “Drastic intervention”. Who are the other possible suitors?
The moment is difficult and uncertain regarding the hypothesis of other suitors. The rumors potentially speak of Vulcan Green Steel, Metinvest or Arvedi
Banca Ifis donates 1 million euros to the Banco Alimentare Onlus Foundation
The sum will allow the distribution of 10 million meals to those who are in need and are assisted by the Foundation's local partner organizations
Banca Ifis enters Treccani with 2,4%. Ernesto Fürstenberg Fassio on the Board of Directors
The entry of Banca Ifis into the Treccani capital was approved by the Board of Directors. The bank is engaged with Kaleidos to support cultural activities
Banca Ifis: profit growing to 125 million in the 9 months of 2023, collections from NPLs stable. There is the interim dividend
Banca Ifis closes the period with a profit growing by 18,2% and rewards shareholders with an interim dividend for 2023 of 1,2 euros per share, for a total amount of 63 million
Banca Ifis completes the purchase of Revalea from Mediobanca for 100 million
With the operation, the multi-year servicing agreement also comes into force, with which MBCredit Solutions supports Banca Ifis in the NPL sector
Banca Ifis and the Guido Carli association award the Bancor Prize to Larry Summers
The award, established by the Guido Carli Association with the patronage of Banca Ifis, is aimed at excellent personalities in the economic-financial world, recognizing competence, integrity and transparency. From next year the prize will also go to leading figures in international journalism
Banksy's “Migrant Child” in Venice: Banca Ifis finances the restoration
Banca Ifis will finance the restoration and safety work of one of the two works created by the famous artist present in Italy "The Migrant Child"
Npl: declining bank credit deterioration rate. Stock in Italy at 300 billion. Analysis of Banca Ifis
From 2015 to 2022, Italian banks have improved credit quality by selling 352 billion euros of non-performing loans but the risk level remains higher than the EU average. Furstenberg Fassio: "The NPL market must have objectives and rules...
Banca Ifis, Roberto Ferrari (ex Bper) new CFO in place of Mariacristina Taormina
Banca Ifis has appointed Roberto Ferrari as its new Chief Financial Officer, who also boasts experience in Commerzbank, Société Générale, Epta Sim and San Paolo Bank
Banca Ifis: successful placement of a 300 million euro senior bond
The Senior preferred bond is intended for institutional investors. The bond has a duration of five years with a coupon of 6,87%. Listing on the Luxembourg Stock Exchange
Banca Ifis, jump in profit in the first half of 2023: + 25,5%. Guidance revised upwards
Banca Ifis closed the period with a profit up by 25,5%, equal to 91 million. The Veneto-based institute has therefore revised its 2023 profit guidance upwards and approved the new dividend policy
Banca Ifis: Simona Arduini appointed new vice president
Professor and consultant to the Court in Rome, Arduini has been an independent director of Banca Ifis since 2019
Bikes: 2 billion in revenues and over 7 billion in impact on tourism. Banca Ifis report
Banca Ifis expects a further increase in revenues for 2023 - Italy is the leading European bicycle manufacturer
Banca Ifis acquires Revalea from Mediobanca. Industrial partnership on non-performing loans
The sale of Revalea is worth 100 million euros. The two institutes have signed a long-term partnership for the management of non-performing loans. Closing of the operation by the end of 2023
The Italian Sport System is worth over 100 billion euros: the Banca Ifis Observatory highlights its 4 pillars
According to the new edition of the Banca Ifis report, in 2022 the Italian Sport System generated revenues of 102 billion euros, contributing to 3,4% of GDP. 405.000 workers are employed. Sports tourism is growing again. The analysis of…
Banca Ifis, double-digit growth in profits (+31,4%) thanks to the rate hike and NPL recoveries
Banca Ifis closed its accounts for the first quarter with growing profits and revenues also thanks to the non-performing loan sector, one of the bank's "core" businesses - But the stock falls on the Stock Exchange
Banca Ifis announces the new dividend policy: from stable to progressive
The Board has launched a project to review the current dividend policies aiming at a new policy that safeguards the bank's capital solidity and meets the expectations of the shareholders
Electric bike: Banca Ifis launches a new rental or financial leasing solution for using it
The idea is to build an ad hoc solution for the world of hospitality and cycling tourism, key sectors for the promotion and development of territories
Banca Ifis: net profit rises by 40,3%, 2023 guidance revised upwards. Dividend of 1,4 euro per share
Net profit rose to 141,1 million, the bank reaching its business plan profit target a year ahead of schedule. CEO Geertman: "Performance that represents an all-time high for our bank"
The show business and entertainment economy in Italy: growing turnover, exceeding 54 billion
Banca Ifis is dedicating its Market Watch to the economy of show business and entertainment on the occasion of the Sanremo Festival. The role of music for Italians
Banca Ifis title sponsor of Casa Sanremo 2023: the official home of the Italian Song Festival
Banca Ifis will be the main partner of the hospitality area of the 16th edition of Casa Sanremo, where events are organized with sponsors and unedited interviews and videos are broadcast
Youth sport: in Italy it is worth 30 billion euros, equal to 1% of the Italian GDP. The Banca Ifis studio
An economic and social resource but also an investment in the well-being of young athletes and their families as well as in Italy's branding of sport in the world
Banca Ifis: in the first 9 months of 2022 net profit of 105,5 million and interim dividend. Fürstenberg Fassio appointed president
The Board has also appointed Ernesto Fürstenberg Fassio as president of Banca Ifis, designating Sebastien Egon Fürstenberg as honorary president – The title goes to Piazza Affari
Decarbonisation: Banca Ifis unveils the emission reduction targets for 2030
Banca Ifis has identified 3 sectors, linked to the automotive world, which make it possible to cover more than 80% of financed exposures and issues, considered by the Net-zero banking alliance
Banca Ifis: estimated 2022 billion new NPLs in the three-year period 2024-82, this year transactions amounting to 35 billion
The 16th edition of the Banca ifis Npl Market Watch presented in Cernobbio which, compared to the February forecasts, estimates an increase of 10 billion euros in new Npl flows in…
Banca Ifis: Liability management operation on a 2 Tier 2017 subordinated bond
The Bank will offer the possibility of exchanging up to 250 million of the loan with a new Tier 2 subordinated bond 2022/2032 and the payment at par of a cash consideration
Banca Ifis: 1,4 billion NPLs purchased in the first half. The total portfolio rises to 25,4 billion
The amount was reached through six new deals in the semester, thus confirming its role as market leader in the unsecured NPL segment
Banca Ifis first bank in Italy to obtain the Karma Metrix seal for a more sustainable web
It is the first tool for measuring the eco-sustainability of websites with the aim of improving the environmental impact of digital actions and therefore optimizing their energy efficiency
Banca Ifis disburses first loan with Sace's SupportItalia Guarantee of 2,5 million
It is the new instrument envisaged by the Aid decree to support Italian companies that have suffered negative economic repercussions following the Russian-Ukrainian crisis and the high energy price
Banca Ifis: net profit grows by 50% in the first half of 2022 and revenues by 12%
Banca Ifis has closed the accounts for the first half year. The non-performing loan sector, one of the bank's "core" businesses, saw profits grow by 49,7%
Banca Ifis: new headquarters in Milan with a 260 m50 green wall. Redeveloped historic XNUMXs building
The building becomes Milan's "green wall": it is powered by 100% renewable energy, purifies the air thanks to a special paint and reduces the use of drinking water by 37%
Sampdoria, Banca Ifis confirmed as main sponsor and presents the new shirt
Banca Ifis remains alongside the Genoese team for the second year. Fürstenberg: "Our commitment to sport and to Genoa"
Banca Ifis: leap in profit (+74%) in the first quarter and the stock soars. CEO Geertman confirms the targets
The Mestre bank stressed that it does not have material exposure to Russia and Ukraine. The CEO Geertman: "The performance of the core business is still accelerating".
Banca Ifis launches a new advertising campaign dedicated to entrepreneurs
On television, radio, digital and in the main national newspapers. Banca Ifis goes on air with a new claim: "If it's your bank, you recognize it immediately"
Banca Ifis: the dividend doubles and the board of directors expands, with 7 women out of 13 members. Summits confirmed
Banca Ifis' 2022 dividend will be 0,95 euro per share - The number of directors goes from 12 to 13, of which 7 are women - Geertman and Egon Furstenberg confirmed
Lombardy remains the engine of Italy: 550 companies with an annual turnover of one trillion
According to the Banca Ifis SME Market Watch, Lombard companies are in first place for investments in digital and green - Concern about the rise in energy and raw materials
Italian sport: an industry that is worth more than 3% of GDP and triggers an avalanche of investments
According to Banca Ifis, 20 million private investments are generated for every million euros of public spending dedicated to sport - The sector employs 390 people
Banca Ifis launches treasury share purchase program up to 20,9 million by 5 November
Banca Ifis launches the treasury share purchase plan up to a maximum of 1.044.000 shares. It will end in November
Banca Ifis: 2021 financial statements close with record profit and revenues. Dividend confirmed at €0,95 per share
The Board approves the 2021 financial statements in view of the shareholders' meeting on April 28 and confirms the doubling of the dividend. Count beyond forecasts
Banca Ifis finances a new research project of the Veneto Institute of Molecular Medicine
After the donation for the study of the pathogenesis of multiple myeloma and non-Hodgkin's lymphomas, Banca Ifis finances the research conducted by prof. Andrea Alimonti
Npl: 33 billion transactions in 2021 with Banca Ifis taking the lead and real estate sales records
According to Banca Ifis' Market Watch, the reforms have reduced the duration of real estate auctions by 2 years. In 2022 new disposals of Npe for 47 billion
Banca Ifis: green light from Bankitalia for the merger by incorporation of Credifarma into Farbanca
Credifarma and Farbanca will become Banca Credifarma Spa, the first integrated hub specialized in financial services for pharmacies
Banca Ifis multiplies profit (+46,2%) and doubles the coupon: alliances and more digital in the new plan
The 2021 accounts exceed the targets for Banca Ifis, which presents the new 2022-2024 business plan, in which strategic partnerships and the push towards digital stand out
Sustainable mobility: Banca Ifis renews its company fleet with Stellantis cars
Only fully electrified cars of the Italian-French group for employees of the Veneto bank - The goal is to adopt 50% of ecological vehicles by 2026
Banca Ifis enters the top 500 of The Banker's Banking Brands ranking
The Venetian bank earns a place in the 2022 world ranking of the best trademarks in the banking sector - Excellent results also in the evaluation of ESG metrics
Banca Ifis, record Npl purchases: 3,7 billion euros in 2021
The group led by Frederik Geertman exceeds expectations and closes a golden year for purchases of non-performing loans - The Npl portfolio owned by the institute reaches a total of 25,3 billion in nominal value
Banca Ifis awarded for gender equality: 40% of top managers are women
Institute Led by Frederik Geertman Certified for Gender Equality by Winning Women Institute – With 54% of corporate population female and 40% of top executives female
Banca Ifis remains in Italy but the registered office of the Furstembergs goes to Switzerland
The controlling shareholder of Banca Ifis, the financial company La Scogliera dei Furstenberg moves its headquarters to Switzerland but the Venetian bank remains Italian
Banca Ifis plants over 2.000 trees in Lombardy and Veneto
The group led by Frederik Geertman has donated a tree to each employee to mitigate the environmental impact and will contribute to the project of the municipality of Milan with 350 trees for the creation of new green lungs
Banca Ifis, optimistic SMEs: growing revenues in 2022-23
The Banca Ifis Market Watch PMI highlights a generally positive forecast for Italian companies, also thanks to the PNRR
Banca Ifis, 100 million from the EIB for SMEs
Thanks to the third agreement between Banca Ifis and the EIB, small and medium-sized enterprises will receive 100 million to finance green projects.
Banca Ifis at the top in digital communication
The bank led by Frederik Geertman wins the recognition of best listed company in the Star Segment, towering over 31 Italian companies out of 111 companies analysed.
Sustainable mobility, Banca Ifis creates ebooks by listening to the voice of citizens
After the report on the bicycle ecosystem, Banca Ifis explores the world of sustainable mobility by directly listening to the voice of citizens
Recruitments: the most requested skills and profiles according to Banca Ifis
According to Banca Ifis' Market Watch Pmi, 83% of companies need workers with new skills, but many of them cannot find the required profiles. Here are which ones
Farbanca (Banca Ifis): Massimiliano Fabrizi new CEO
The Roman manager takes the place of Giampiero Bernardelle with immediate effect going to strengthen the "managerial structure of the company"
Banca Ifis, net profit of 80 million (+53,2%) and upward guidance
The group led by Frederik Geertman closes the first nine months of the year with an intermediation margin of 449 million euros and aims to achieve a net profit for the whole of 2021 between 90 and 100 million
Npl, record purchase of Banca Ifis: 2,8 billion from Cerberus
This is the largest NPL acquisition in the Bank's history, ahead of its 2021 non-performing loan purchase target
Banca Ifis launches "Il Gregario": web series on cycling
The unprecedented industrial storytelling of Banca Ifis aims to tell the role and mission of the institution at the service of Italian SMEs through faces, territories and companies
UniCredit, Intesa and Banca Ifis join the Net-Zero Banking Alliance
Membership will accelerate the achievement of the common goal of net zero emissions by 2050, or earlier, in line with the more ambitious targets set by the Paris Climate Agreement
Banca Ifis, after Bologna also opens in Parma
The bank doubles in a territory that it considers strategic and which represents 9 percent of its customers
Banca Ifis: 2019 dividend paid
The amount will be paid from 20 October 2021 with record date on 19 October 2021 and coupon detachment date on 18 October 2021
SMEs: size and team motivation are the strengths
Banca IFIS's latest Market Watch analyzes the importance of leadership in small and medium-sized Italian businesses, which are increasingly aiming for a defined organization and training their managers
Working in finance: Banca Generali at the top in 2021
According to research by the German Institute of Quality and Finance, Banca Generali is the best company to work in Italy. In second place is American Express and third is Banca Ifis
Banca Ifis: "Npl under control, save the banks"
On the occasion of the Npl Meeting, CEO Frederick Geertman illustrated comforting forecasts on impaired loans, which in 2021 will increase much less than expected (and than in 2014) and will be largely absorbed by the Npl industry
Bicycles and e-bikes, a 9 billion (green) industry
The ecosystem that revolves around the bicycle is assessed by Banca Ifis, in its latest report, as clearly expanding. Strong push from the electric bike. Weigh the components
Banca Ifis: online banking is growing, 64% of SMEs choose it
The technological aptitude of small and medium-sized enterprises is growing, but only 35% use digital platforms for financing. Banca Ifis' latest Market Watch also indicates how the funds are used
Banca Ifis: record revenues, profit +31,5% in the half year
The Veneto bank begins the Geertman era with the record in the semester of cash recoveries of Npl portfolios purchased: 170 million. Solid liquidity, stable net inflows
Banca Ifis, appointments: two joint general managers are on the way
Fabio Lanza and Raffaele Zingone will be the new co-general managers of Banca Ifis: this is the result of the statutory changes approved today by the extraordinary shareholders' meeting of the Mestre bank
Sampdoria, Banca Ifis new sponsor for the 2021/2022 season
Banca Ifis becomes the main sponsor of the Sampdoria club for the entire 2021/2022 championship and the Coppa Italia matches. The logo will also be on the shirts of Sampdoria Women, the women's first team making its debut in Serie A
Banca Ifis: increasingly green and sustainable Italian SMEs
38% of Italian SMEs already invest in sustainability, a figure that will double in the next two years. In the lead energy saving and waste cycle management. These are the data from the Banca Ifis observatory which considers ESG investments a lever…
Banca Ifis launches the new multimedia advertising campaign
The Group invests 1,2 million euros to complete the process started a year ago with the new brand and convey the image of a bank that does not chase trends but places itself at the service of the entrepreneur
Industry 4.0: half of Italian SMEs also invest in the pandemic
According to Banca Ifis' Market Watch PMI observatory, almost three out of four SMEs plan to invest in innovation (or will continue to do so) in the two-year period 2022-2023. Pharmaceuticals and Home are the sectors with the greatest drive
Banca Ifis, securitization of 540 million for Farbanca
The operation saw Banca Ifis and Intesa Sanpaolo as co-arrangers, and was closed for funding purposes with the sale of some loans
Banca Ifis saves the depositors of Aigis Banca
The intervention of Banca Ifis makes it possible to avoid the social and economic consequences that would have caused the crisis of Aigis Banca, which went bankrupt due to its exposure to Greensill Bank AG
Venice Biennale: the Economy of Beauty according to Banca Ifis
According to a study by Banca Ifis, the Italian ecosystem of beauty, with its places, actors and services, produces 17,2% of the gross domestic product. There are 341.000 design-driven Italian companies with a total annual turnover of 682 billion euros.…
Banca Ifis: profit doubled, cash record on NPLs
A few weeks after the beginning of the Geertman era, the Mestre bank publishes its first quarter results and the stock soars over 7% on the Stock Exchange: profit at 20 million, capital solidity grows
Banca Ifis, the Geertman era begins: "No to large M&A, yes to tactical operations"
The era of Geertman new CEO of the bank opens - Shareholders' ok on the balance sheet and dividend of 47 cents - The new CEO: "No to large M&As that transform the bank, yes to tactical operations in attractive sectors".
Banca Ifis, the Geertman era begins on 22 April
Next Thursday the Banca Ifis meeting will take place which will elect the new managing director in the person of the Dutch engineer Frederik Geertman
Banca Ifis securitizes NPLs assisted by assignment orders
This is the first operation of this type in Italy - Thanks to this securitization, Ifis Npl Investing will raise up to 350 million euros of liquidity on the institutional market
Banca Ifis and sport: after skiing, cycling and basketball
The Mogliano Veneto bank will be the premium sponsor of the great cycling classics in Italy and has chosen to support Umana Reyer Venezia.
Zingone (Banca Ifis): "Not just credit, this is how we support businesses"
INTERVIEW with RAFFAELE ZINGONE, head of the Central Business Department of Banca Ifis: "The expiry of the moratoriums on mortgages will be the decisive moment: digital is fundamental but without neglecting the human aspect". The latest initiatives, from supply chain management to digital lending.
Businesses: subsidized loans from Banca Ifis and Veneto Sviluppo
The Veneto companies most affected by Covid will be able to request up to 500 thousand euros for investment purposes and up to 250 thousand for liquidity support
Banca Ifis: the sport system bets on sustainability
The Italian companies of the mountain sports system are committed to reducing their environmental impact, investing in new technologies and training to overcome the health crisis - This is what emerged from a Banca Ifis conference which…
Banca Ifis: profit better than expected, the Geertman era kicks off
Banca Ifis defends 2020 net profit despite the severity of Covid - The Board co-opts Dutch engineer Frederik Geertman who will be the bank's new CEO in April
Npl, possible historical record of 2022 billion in 441
According to the thirteenth edition of the Banca Ifis NPL Market Watch report, in 2021 there will be a further surge in non-performing loans that will have to be sold by Italian banks.
Banca Ifis, board of directors: Gronchi resigns, Geertman enters
Divo Gronchi has left the board of directors of Banca Ifis for personal reasons and as a result Frederik Geertman enters, who will be the new CEO of the Veneto bank from April
Npl, Banca Ifis beyond estimates: acquired 2,7 billion in 2020
Having acquired 2,7 billion euros in 2020, the portfolio under management of the Venetian bank, which has also reorganized the Npl Department, amounts to 23,6 billion euros
Banca Ifis changes CEO: Geertman (ex Ubi) in place of Colombini
Furstenberg, who is the controlling shareholder of Banca Ifis, has decided to call the Dutch engineer Geertman to lead the bank from the next budget meeting in April 2021: the development of digitization will be his mission - The outgoing CEO, Colombini ,…
Banca Ifis participates in the purchase of 70% of Pietribiasi
The Veneto bank is the institutional anchor investor of Deal Source Italia, an advisory company that took over the stake in the Vicenza-based company specializing in agri-food machinery.