Banca Ifis

File:Villa Fürstemberg1.JPG

Instituto di Finanziamento e Sconto, I.Fi.S., was founded in 1983 in Genoa, where Sebastien Egon Fürstenberg, founder of the company and the current President, resided at the time.

I.Fi.S. was founded in Genoa as a specialized financial intermediary focusing on two core services: the acquisition of trade receivables and factoring-based financing. Operating as the captive finance company for the Americanino group, I.Fi.S. plays a crucial role in the denim company's supply chain by providing financing to suppliers and managing customer receivables.{{cite web|url=https://www.linkedin.com/pulse/da-factor-captive-di-mercato-storia-una-banca-2-alberto-staccione-1/|title=Da factor captive a factor di Mercato. Storia di una Banca #2|date=24 May 2017}}

In 2002 Banca Ifis was authorised to carry out banking activities, and it changed its name from Ifis to Banca Ifis SpA. The same year, it became a Bank and joined Factor Chain International to operate on a global level, after opening branches in Romania and Poland. 

In 2003 Banca Ifis was admitted to the MTA (Mercato Telematico Azionario, the Online Stock Market), and in 2004 it entered the {{ill|FTSE Italia STAR|it|lt=STAR}} segment.

The Bank's strategy is based on increasing its market share through the development of its historic core business: financial and management support for Small and Medium Enterprises (SMEs) in Italy and abroad. In 2008 Banca Ifis entered the world of retail with the launch of Rendimax, a high-yield online savings account.{{cite web|url=https://www.bluerating.com/banche-e-reti/25267/b-Ifis-lancia-un-conto-deposito-libero-a-con-un-rendimento-del-425-lordo|title=Banca Ifis lancia Rendimax: massima sicurezza ed alto rendimento|date=17 October 2011}} In 2013, it expanded its offer with the Contomax, an online checking account.{{cite web|url=https://risparmio.supermoney.eu/news/2013/02/banca-ifis-crea-contomax-tutto-compreso-008446.html|title=Banca IFIS crea "ContoMax" tutto compreso|date=4 February 2013}}

In 2011, Banca Ifis branched out into what would become its second core business: the purchase and management of non-performing loans by acquiring Toscana Finanza.{{cite web|url=https://www.globenewswire.com/news-release/2011/12/27/1604808/0/it/Banca-IFIS-stipulato-l-atto-di-fusione-per-incorporazione-di-Toscana-Finanza.html|title=Banca IFIS: stipulato l'atto di fusione per incorporazione di Toscana Finanza|date=27 December 2011}}

In 2016 Banca Ifis acquired Ge Capital Interbanca for 119 million Euro (with one billion of assets), entering the fields of leasing, medium-term lending and structured finance. Banca d'Italia acknowledged the operation on 29 November of the same year.{{cite web|url=https://www.repubblica.it/economia/affari-e-finanza/2017/03/13/news/banca_ifis_con_interbanca_nuova_spinta_per_aggredire_il_mercato_degli_npl-160502699/|title=Banca Ifis, con Interbanca nuova spinta per affrontare il mercato degli Npl|date=13 March 2017}}

In 2018, development continued in the area of Non Performing Loans (NPL): Ifis Npl S.p.A., a joint-stock company established following the spin-off of the Npl Area of Banca Ifis, became fully operational, 100% controlled by the parent company. In 2018 the Bank entered the pharmacy lending sector, acquiring 70% of Credifarma S.p.A., a company jointly held by Italian Federfarma.{{cite web|url=https://www.finanzaonline.com/notizie/banca-Ifis-accordo-per-acquisizione-partecipazione-di-controllo-in-credifarma|title=Banca Ifis: accordo per acquisizione partecipazione di controllo in Credifarma|date=30 January 2018}} The same year, it acquired Cap.Ital.Fin. S.p.A., a financial intermediary specialised in personal salary-backed loans.{{cite web|url=https://www.pltv.it/news/consulenza_creditizia/banca-Ifis-un-2017-di-espansione-in-nuovi-business-con-capitalfin-e-credifarma-di-ricerca-di-integrazione-e-di-efficienza|title=Banca IFIS: un 2017 di espansione in nuovi Business con CapitalFin e CrediFarma, di ricerca di Integrazione e di Efficienza|date=14 February 2018}}

In January 2019 Banca Ifis purchased FBS S.p.A., a company that operates in the NPL sector as a specialist in servicing activities, for €58.5 million,{{cite web|url=https://www.aziendabanca.it/notizie/banca-ifis-fbs-acquisizione|title=Banca Ifis acquisisce Fbs|date=7 January 2019}} which today is included in Ifis Npl. 

The Central Business Department was set up in 2019, bringing together all the business areas aimed at supporting enterprises. In October 2019 Banca Ifis completed the purchase of 10% of the remaining share capital of the subsidiary FBS S.p.A. and became its sole shareholder, consolidating its position as a major player in the market of non-performing loans in Italy.{{cite web|url=https://www.globenewswire.com/news-release/2019/10/30/1938191/0/it/Banca-IFIS-acquisisce-l-intero-capitale-di-FBS-Spa.html|title=Banca IFIS acquisisce l'intero capitale di FBS Spa|date=30 October 2019}}{{cite web|url=https://www.websim.it/articoli-websim/banca-Ifis-1-6-acquista-la-totalita-di-fbs-/c8df95b547804ca686711a445dccfe3f.wsml|title=BANCA IFIS +1,6% Acquista la totalità di FBS|date=31 October 2019}}

In April 2020 the Banca Ifis Group formed a new vision of NPLs: the names of FBS S.p.A. and FBS Real Estate S.p.A.were changed to Ifis Npl Servicing S.p.A. and Ifis Real Estate S.p.A. The companies of the new Banca Ifis NPL Division were created with the aim of making the organisation more efficient and allowing it to effectively seize the best opportunities on the market.{{cite web|url=https://www.ilmessaggero.it/economia/news/banca_Ifis_rafforza_e_riorganizza_business_npl-5195413.html|title=Banca IFIS rafforza e riorganizza business NPL|date=27 April 2020}}

Banca Ifis announced that it had successfully completed the competitive process for the purchase of 70.77% of the share capital of Farbanca S.p.A.{{cite web|url=https://www.bancaifis.it/comunicati-stampa/banca-ifis-si-aggiudica-il-7077-del-capitale-di-farbanca-s-p-a-nasce-il-primo-operatore-nei-servizi-finanziari-alle-farmacie/|title=Banca Ifis si aggiudica il 70,77% del capitale di Farbanca S.p.A.|date=1 June 2020}}{{cite web|url=https://www.ilsole24ore.com/art/banca-ifis-rileva-7077percento-farbanca-ADJneeU|title=Banca Ifis rileva il 70,77% di Farbanca|date=1 June 2020}}

On 1 January 2021 corporate reorganisation was completed in the Npl area, creating a vertical chain to guarantee the separation and independence between credit purchase and collection activities.{{Cite web|date=2021-01-11|title=Banca Ifis exceeds expectations acquiring 2,7 billion Euro in NPL in 2020|url=https://www.bancaifis.it/en/press-releases/banca-ifis-exceeds-expectations-acquiring-27-billion-euro-in-npl-in-2020/|access-date=2021-02-03|website=IFIS Web|language=en-US}}

Since April 2021 Frederik Geertman becomes the new Chief Executive Officer of the Group.{{Cite web|date=2021-04-22|title=Banca Ifis, the Shareholders’ Meeting approves the 2020 financial statements and a dividend of 0,47 Euro per share|url=https://www.bancaifis.it/en/press-releases/banca-ifis-the-shareholders-meeting-approves-the-2020-financial-statements-and-a-dividend-of-047-euro-per-share/|access-date=2021-04-22|website=IFIS Web|language=en-US}}

In April 2022, the merger by incorporation of Credifarma into Farbanca, which was approved in February, ends with the creation of Banca Credifarma, the first specialised pole in financial services to pharmacies.{{cite web |url= https://farmaciavirtuale.it/fusione-credifarma-farbanca-arriva-il-via-libera-da-banca-ditalia/|title=Fusione Credifarma-Farbanca, arriva il via libera da Banca d’Italia|language=Italian|access-date= 30 September 2022}}{{cite web |url= http://www.farmacista33.it/fusione-credifarmafarbanca-ok-da-banca-ditalia-nasce-banca-credifarma/politica-e-sanita/news--59946.html|title=Fusione Credifarma-Farbanca, ok da Banca d'Italia: nasce Banca Credifarma|language=Italian|access-date= 30 September 2022}}{{cite web |url= https://www.pharmaretail.it/news/nasce-banca-credifarma-polo-finanziario-specializzato-credito-servizi-farmacie/|title=Nasce Banca Credifarma, polo finanziario specializzato nel credito e nei servizi alle farmacie|language=Italian|access-date= 30 September 2022}}

In May 2023, Banca Ifis acquired the company Revalea Spa from the Mediobanca Group, born the previous year from the demerger of MBCredit Solutions Spa and active in the recovery of impaired loans.{{cite web |url= https://www.corriere.it/economia/finanza/23_maggio_22/banca-ifis-compra-revalea-mediobanca-100-milioni-27592c44-f881-11ed-8bca-35ac6820436c.shtml|title=Nasce Banca Ifis compra Revalea da Mediobanca per 100 milioni|language=Italian|access-date= 24 May 2024}}

In September, to mark the 40th anniversary of the Bank's foundation, the Bank inaugurated the "Parco Internazionale di Scultura", a permanent exhibition of monumental sculptures created at the behest of Ernesto Fürstenberg Fassio in the gardens of the 16th-century Villa Fürstenberg, the Group's historical headquarters in Mestre.{{cite web |url= https://stream24.ilsole24ore.com/video/italia/banca-ifis-inaugurato-parco-sculture-e-bellezza/AF2iDl2|title=Banca Ifis, inaugurato un parco di sculture e di bellezza|language=Italian|access-date= 24 May 2024}}{{cite web |url= https://www.ilgiornaledellarte.com/Articolo/il-parco-internazionale-della-scultura-di-banca-ifis|title=Il Parco Internazionale della Scultura di Banca Ifis|language=Italian|access-date= 24 May 2024}}

In April, the "Parco Internazionale di Scultura" was officially opened to the public. The exhibition hosts plastic works of contemporary sculpture by Italian and international artists, including Fernando Botero, Igor Mitoraj, Manolo Valdés, Pietro Consagra and Roberto Barni.{{cite web |url= https://finanza.repubblica.it/Pages/News/Item.aspx?ID=169_2024-04-18_TLB|title=Banca Ifis lancia "Ifis art", progetto dedicato a valorizzare e promuovere arte e cultura|language=Italian|access-date= 24 May 2024}}{{cite web |url= https://www.vanityfair.it/article/ifis-art-parco-villa-furstenberg-mestre-banca-ifis-arte-contemporanea|title=Dentro il parco dell'arte di Villa Fürstenberg a Mestre|language=Italian|access-date= 24 May 2024}}

• Banca Ifis is among the leading national operators in factoring in terms of turnover, with a market share of 4,2%, after Gruppo Intesa Sanpaolo (27%), Unicredit (19%), Ifitalia (11%) and Factorit (6%).{{Cite web|title=Our Bank's Business Model|url=https://www.bancaifis.it/en/about-us/business-model/|access-date=2024-04-23|website=IFIS Web|language=en-US}}
• Banca Ifis holds a 4,1% market share in leasing, positioning itself after Unicredit Leasing (14%), Intesa Sanpaolo Group (13%), BNP Paribas Leasing Solution (8%), Alba Leasing (7%), Iccrea BancaImpresa Group (6%), UBI Leasing (6%), Société Generale Equipment Finance Leasing (6%), MPS Leasing & Factoring (5%), Sardaleasing (4%), Credemleasing (4%), Crédit Agricole Leasing Italia (3%) and SelmaBipiemme Leasing (2%).{{Cite web|title=Our Bank's Business Model|url=https://www.bancaifis.it/en/about-us/business-model/|access-date=2024-04-24|website=IFIS Web|language=en-US}} Furthermore, Banca Ifis is a leader in electric car leasing.{{Cite web|title=Our Bank's Business Model|url=https://www.bancaifis.it/en/about-us/business-model/|access-date=2024-04-24|website=IFIS Web|language=en-US}}
• In the NPL segment, Banca Ifis is the sixth largest national operator in terms of assets under management with €24.4 billion worth of these preceded by doValue (68 billion Euro), Cerved Credit Management (46), Intrum Italia (41), Prelios Credit Servicing (40) and AMCO (35).{{Cite web|title=Our Bank's Business Model|url=https://www.bancaifis.it/en/about-us/business-model/|access-date=2024-04-24|website=IFIS Web|language=en-US}}

The shareholding structure communicated to Consob is as follows. The shareholding percentages are notified by the shareholders, in accordance with the provisions of article 120 of the Consolidated text of the provisions on financial intermediation (TUF). Minor parts of the shareholder structure can be indicated directly by the company through other sources. The share capital of Banca Ifis is equal to 53,811,095 Euro, divided into 53,811,095 ordinary shares with a par value of 1 euro. The following table shows Banca Ifis's shareholders that, either directly or indirectly, own equity instruments with voting rights representing over 3% of Banca Ifis's share capital (data updated on 17 April 2025):{{cite web |url= https://www.consob.it/web/area-pubblica/quotate/documenti/assetti_proprietari/semestre1-2024/68589_Az.html?p_p_state=maximized&nav=false&p_p_id=it_consob_PubblicazioniPortlet_INSTANCE_MX5G5vF1agLh&filedate=17%2F04%2F2024&docId=0&link=Capitale%20Sociale%3D%2Fdocumenti%2Fassetti_proprietari%2Fsemestre1-2024%2F68589_CapSoc.html%3B%20Pie-chart%20diritti%20di%20voto%20esercitabili%3D%2Fdocumenti%2Fassetti%2Fsemestre1-2024%2F68589_TVotDich.html&sem=%2Fdocumenti%2Fassetti_proprietari%2Fsemestre1-2024%2F68589_Az.html|title=Banca Ifis-Shareholders|language=it|access-date= 24 April 2024}}{{cite web |url= https://www.borsaitaliana.it/borsa/azioni/profilo-societa-dettaglio.html?isin=IT0003188064&lang=en|title=Banca Ifis. Company profile|website= borsaitaliana.it|access-date=17 April 2025}}

{{Reflist}}

{{Portal|Banks}}

{{Banking in Italy}}

{{Authority control}}

{{DEFAULTSORT:Banca Ifis}}

Category:Banks of Italy

Category:Companies based in Veneto

Category:Banks established in 1983

Category:Italian companies established in 1983