trending Market Intelligence /marketintelligence/en/news-insights/trending/HmPqohZ55RzQzpCPRQt4FA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Report: Banca IFIS close to acquisition of €1B portfolio

Blog

Banking Essentials Newsletter - February Edition, Part 2

Podcasts

StreetTalk – Episode 74: Investor sees legs in strong credit performance, US bank stock rally

Blog

Street Talk – Episode 74: Investor sees legs in strong credit performance, US bank stock rally

Blog

The Evolution of ESG Factors in Credit Risk Assessment: Environmental Issues


Report: Banca IFIS close to acquisition of €1B portfolio

Banca IFISSpA CEO Giovanni Bossi said the bank is working on a number ofdeals and hopes to disclose the purchase of a €1 billion portfolio in the nearfuture, Reuters reported April 8.

Banca IFIS specializes in purchasing portfolios ofnonperforming loans, and Bossi said it has a target of €2 billion of consumerNPL acquisitions in 2016, according to the report. The bank on April 5 said itacquired a total ofabout €450 million of NPLs in two separate transactions.