PRESS RELEASE
Toscana Finanza, the operating branch of Banca IFIS in the non performing loans department, has purchased significant portfolios in recent weeks
Mestre, 27 January 2012 - "Great energy and professionalism
accompanies liquidity in the new path undertaken by Toscana
Finanza". With these words Giovanni Bossi, CEO of the Banca
IFIS Group, sums up events between the end of 2011 and the
first few weeks of 2012. In detail, the purchase of
portfolios worth a total value of around 1,100 million has
been finalised. Such transactions have been carried out with
the consumer credit divisions of two big international
banking groups based in Italy. These are portfolios that have
over 100,000 total items representative of credit owed by
Italian individuals and, in general, by consumer
families.
Most credits arose between 2006 and 2009, but various items
also ensued in 2010 and even 2011. These credits, for their
characteristic of being "consumer credits", are not
supported by any guarantees, even if part of the portfolio
was activated with executive procedures that are already
leading towards positive results. The average denomination is
around 10,000 euros. Thanks to the liquidity made available
by Banca IFIS and to its quick response, the portfolios were
purchased for a very contained value (around 1.5% of their
nominal value) which - if compared to the potential return
values, estimated between 5% and 8% even if diluted over time
and possible thanks to a capillary work and to a proprietary
technological platform developed over twenty years of
expertise - outlines a very high prospective growth in the
profitability of
the branch and thus of Banca IFIS in the coming financial
years.
Mara Di Giorgio
Cell: +39 335 7737417 mara.digiorgio@bancaifis.it www.bancaifis.it
Head of Press Office and Public RelationsValeria Costa
Cell: +39 366 5627949 valeria.costa@bancaifis.it
Mymediarelation S.r.l. Banca IFIS Press Office Marco MessoriCell: +39 335 598 58 09
messori@mymediarelation.it www.mymediarelation.it
distribué par | Ce noodl a été diffusé par Banca Ifis S.p.A. et initialement mise en ligne sur le site http://www.ifis.it. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-27 09:40:11 AM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |
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