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Banca Ifis is back on the NPL market

18 June, Soldi Online

There’s great attention for Banca Ifis and its strategy. The bank is focusing again on bad loans, after having extended its business through the acquisition of Ge Capital Interbanca. Now Banca Ifis is back on the NPL market. According to Il Sole 24 Ore, the proof is “the recent agreement for the acquisition of FBS (the company operating in the NPL management on behalf of third parties). The strategy has been disclosed by the bank’s management itself, who stated that in 2019 the impact of NPL on the net receipts from banking should be over 50%”.

Source: Soldi Online

Translator: Cristina Ambrosi

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