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Banca IFIS S.p.A.

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Beskrivning

LandItalien
SektorFinans
IndustriÖvriga finansiella tjänster
Banca IFIS S.p.A., through its subsidiaries, engages in trade receivables, corporate banking, leasing, NPL area, and tax receivables businesses in Italy and internationally. The company offers factoring solutions, including non-recourse/recourse, export/import, direct/indirect, and maturity factoring; outright purchases; advances on future receivables; and advances for the acquisition of certified receivables. It also provides corporate banking products, such as medium/long-term and structured finance; equipment and vehicle leasing, as well as equipment rental services; and short- and medium-term financing and trade receivables support for health services’ suppliers. In addition, the company acquires/sells and manages portfolios of non-performing loans; and collects direct and indirect taxes and tax receivables. Further, it engages in retail funding business by offering Rendimax, an online savings account for individuals, companies, and insolvency proceedings; and Contomax, an online crowd current account. The company was founded in 1983 and is based in Venice, Italy. Banca IFIS S.p.A. is a subsidiary of La Scogliera S.p.A.
Banca IFIS and Credito Fondiario have started the study of an industrial partnership in the debt servicing and debt purchasing sector
2019-08-02 17:59:10

 

PRESS RELEASE

Banca IFIS and Credito Fondiario have started the study of an industrial partnership in the debt servicing and debt purchasing sector
The parties have undertaken an exclusivity commitment of 60 days

Mestre (Venice), 2 August 2019 – Banca IFIS S.p.A. and Credito Fondiario Group S.p.A. announce that today they have entered into a non-binding term-sheet relating to studying a partnership in the debt servicing and debt purchasing sector.

The non-binding term-sheet outlines the possible establishment of a new player in the non-performing loans field with the necessary know-how to cover every area of credit management business and all asset classes (secured, unsecured, NPL, UTP, leasing, real estate, consumer credit) and able to compete, in terms of size, quality of services and efficiency, with the leading market players. In the context of such partnership, the Credito Fondiario Group would consolidate the partnership’s combined activities.

By entering in such non-binding term-sheet, the parties have undertaken an exclusivity commitment of 60 days, during which time they intend to continue with the ongoing analysis and discussions with a view to execute the binding agreements.

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