Agostino Ciccia
Pianificazione e Affidamento - Area NPL at Banca Ifis
Last Updated:
September 19, 2020
4 Via delle Oblate, Firenze, Toscana, Italy, 50141
Contact Information
Access Agostino's direct phone and email
Company Information

Operating in the business loan, distressed loan and tax credit sectors, the Banca IFIS Group (Fitch, BB+, outlook stable) has a solid, sustainable and diversified business model that allows it to achieve profit...
Operating in the business loan, distressed loan and tax credit sectors, the Banca IFIS Group (Fitch, BB+, outlook stable) has a solid, sustainable and diversified business model that allows it to achieve profitable results that continue to grow. Its operations concentrate on the Italian market, operating throughout the country without traditional bank tellers. Founded in 1983 by Sebastien Egon Furstenberg, the current Chairman, Banca IFIS has been listed on the Milan stock exchange since 2003 (Star segment).\In 2016, the Bank acquired the former GE Capital Interbanca Group from GE Capital, which was made again profitable six months after the acquisition. In 2018, Banca IFIS finalised the acquisition of Cap.Ital.Fin. S.p.A, which specialises in salary- or pension-backed loans, and of the 70% of Credifarma SpA, a financial resource point for pharmacies as well as announced an additional transaction that will cause FBS S.p.A to be included in the Banca IFIS Group's scope. As for retail funding, Banca IFIS successfully launched the high-yield online savings account rendimax in 2008 and started broadening its institutional funding structure in 2017.\In 2018 Banca IFIS decided to expand the rendimax family by entering into the insurance world and thus developed a solution – rendimax assicurazioni – aimed at distributing selected insurance products, with a dual objective: innovation and customer service. As of January 2019 Banca IFIS takes control of 90% of FBS SpA, an organization that operates in the NPL sector as an operator specialized in servicing activities. This operation marks the first integrated investment and asset management platform in the Italian NPL market, capable of offering a turnkey service – whether management or investment service only, or a mix of the two – in all the categories of impaired loans, from the most fragmented unsecured consumer loans up to real estate, transitioning to corporate.
Location

63 Via Terraglio, Venice, Veneto, Italy, 30174

Contact Number

+39 041 502 7511

No. of Employees

1,600

Revenue

$330.2M

Social Links

Alexa logo

Keywords

leasing, non performing loans, crediti deteriorati, credito alle imprese, factoring, banking, finance

0
Browse Apollo's Directories

Company Search

Company Directory Search

People Search

People Directory Search

Find Verified Emails in Seconds

Use Apollo to easily get in touch with anyone in the world