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Banca IFIS SpA (IF.MI)

IF.MI on Milan Stock Exchange

44.96EUR
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€45.17
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Latest Key Developments (Source: Significant Developments)

Banca IFIS Q2 net profit up at EUR 71.0 million
Tuesday, 8 Aug 2017 05:46am EDT 

Aug 8 (Reuters) - BANCA IFIS SPA ::Q2 NET PROFIT EUR 71.0 MILLION VERSUS EUR 17.1 MILLION YEAR AGO.Q2 NET BANKING INCOME EUR 147.8 MILLION VERSUS EUR 74.3 MILLION YEAR AGO.  Full Article

Banca IFIS approves establishment of EUR 5 bln EMTN programme
Thursday, 20 Jul 2017 10:09am EDT 

July 20 (Reuters) - BANCA IFIS SPA ::APPROVES ESTABLISHMENT OF 5 BILLION EURO EMTN PROGRAMME.  Full Article

Banca Ifis: final price of Interbanca acquisition is EUR 109.4 mln
Tuesday, 18 Jul 2017 12:20pm EDT 

July 18 (Reuters) - BANCA IFIS SPA ::SAYS THE FINAL PRICE FOR THE ACQUISITION OF INTERBANCA GROUP, COMPLETED IN NOV 2016, IS 109.4 MLN EUROS, BASED ON A PRICE ADJUSTMENT MECHANISM.  Full Article

Banca Ifis board approves incorporation of IFIS Factoring and Interbanca
Monday, 10 Jul 2017 06:13am EDT 

July 10 (Reuters) - BANCA IFIS SPA ::BOARD APPROVES INCORPORATION INTO BANCA IFIS OF IFIS FACTORING S.R.L. AND INTERBANCA S.P.A..  Full Article

Banca IFIS signs deal to sell two NPL portofolios worth total 250 mln euros
Monday, 3 Jul 2017 04:55am EDT 

July 3 (Reuters) - BANCA IFIS SPA ::HAS DEFINED DETAILS FOR SALE OF TWO NON-PERFORMING LOANS FOR TOTAL NOMINAL VALUE OF ABOUT 250 MILLION EURO, CORRESPONDING TO ABOUT 27,000 POSITIONS.  Full Article

Banca IFIS part Interbanca underwrites ICM SpA's bond issue for EUR 5 million
Thursday, 15 Jun 2017 07:00am EDT 

June 15 (Reuters) - BANCA IFIS SPA ::INTERBANCA (PART OF BANCA IFIS SINCE 30 NOVEMBER 2016) HAS UNDERWRITTEN BOND ISSUED BY ICM SPA.ICM SPA'S ISSUE WAS UNDERWRITTEN BY INTERBANCA FOR 5 MILLION EURO AND IS LAST TRANCHE OF A TRANSACTION TOTALLING 30 MILLION EURO.ISSUE WILL BE LISTED IN MULTILATERAL TRADING SYSTEM OF ITALIAN STOCK EXCHANGE, SPECIFICALLY EXTRAMOT PRO SEGMENT, WITH MATURITY IN JUNE 2023 AND A YIELD OF 4.6%.  Full Article

Banca Ifis buys 190 mln euro loan portfolio from Barclays
Friday, 26 May 2017 09:23am EDT 

May 26 (Reuters) - BANCA IFIS SPA ::BUYS FROM BARCLAYS A PERFORMING AND NON PERFORMING LOAN PORTFOLIO FOR NOMINAL VALUE OF ABOUT EUR 190 MILLION.PORTFOLIO CONSISTS OF ABOUT 75,500 POSITIONS OF MOSTLY NON-PERFORMING CONSUMER LOANS AND FOR THE REMAINING PART OF PERFORMING LOAN AGREEMENTS REGULARLY REPAID.  Full Article

Banca Ifis plans to issue a fixed rate, senior bond for up to 300 mln euros
Wednesday, 17 May 2017 11:28am EDT 

May 17 (Reuters) - BANCA IFIS SPA ::ANNOUNCES ITS INTENTION TO ISSUE A FIXED RATE, SENIOR BOND FOR UP TO 300 MILLION EURO.THIS ISSUE WILL HAVE A SENIOR, UNSECURED STATUS AND A FIXED RATE, A 3-YEAR DURATION AND AN AMOUNT EXPECTED TO BE UP TO €300 MILLION.THE BONDS WILL BE RESERVED TO QUALIFIED INVESTORS.  Full Article

Banca Ifis Q1 net profit up at EUR 32.7 mln
Thursday, 11 May 2017 05:36am EDT 

May 11 (Reuters) - BANCA IFIS SPA ::Q1 NET PROFIT EUR 32.7 MILLION VERSUS EUR 22.0 MILLION YEAR AGO.Q1 NET BANKING INCOME EUR 110.5 MILLION VERSUS EUR 79.4 MILLION YEAR AGO.  Full Article

Banca Ifis buys two NPL portfolios for EUR 414 mln
Monday, 3 Apr 2017 07:10am EDT 

Banca Ifis SpA : Further transactions in NPL sector for a total nominal value of about 414 million euros ($440.95 million) . Completes the acquisition of two portfolios of consumer credits and unsecured bank credits for a total nominal value of about 414 million euros . The first portfolio has a nominal value of about 302 million euros, corresponding to 14,071 positions; 77 pct of the portfolio is composed of retail loans and the remainder of corporate loans .The second portfolio has a nominal value of about 112 million euros and a total of 12,670 positions, mostly retail, mainly consisting of credit cards and consumer loans.  Full Article

Lindorff/Intrum Justitia eyes Italian debt collection business

VENICE, Italy, Sept 15 Lindorff/Intrum Justitia would be interested in buying an Italian bank's debt collection business to expand in the country, the head of the Scandinavian group's Italian unit said.