Banca Ifis

Legal Proceedings Report • Sep 21, 2018

Informazione Regolamentata n. 0147-60-2018		Data/Ora Ricezione 21 Settembre 2018 16:15:00	MTA - Star
Societa'	:	BANCA IFIS
Identificativo Informazione Regolamentata	:	108666
Nome utilizzatore	:	IFISN01 - DI GIORGIO
Tipologia	:	REGEM
Data/Ora Ricezione	:	21 Settembre 2018 16:15:00
Data/Ora Inizio Diffusione presunta	:	21 Settembre 2018 16:15:01
Oggetto	:	IFIS NPL, finalized three new dels in September for E. 1.26 billion. The portfolio exceeds E. 14.7 billion of non-performing exposures
Testo del comunicato

Vedi allegato.

PRESS RELEASE

IFIS NPL, finalized three new deals in September for € 1.26 billion. The portfolio exceeds € 14.7 billion of non-performing exposures

Mestre (Venice, Italy), 21 September 2018 – In September, IFIS NPL acquired from UniCredit, Deutsche Bank Group and one of the leading Italian consumer credit companies three portfolios of distressed loans for a total of € 1.26 billion (nominal value) corresponding to more than 70,700 positions. All of them are receivables purchased on the Italian primary market. Below are details of the transactions:

• o The most significant portfolio purchased by IFIS NPL is of an unsecured banking type and includes, amongst others, personal guarantees and mortgages of a degree higher than the first. The portfolio, of a nominal value of € 1.09 billion (more than 30,000 positions), was sold by UniCredit and is made up of receivables claimed from SMEs.
• o The second purchase, of a nominal value of approximately € 155 million, is attributable to the primary banking market and consumer credit and was sold by the Deutsche Bank Group. The portfolio, which is made up for 78% of the nominal value of bank receivables and for the remaining 22% by impaired receivables deriving from credit cards, corresponds to more than 37,500 positions.
• o The last purchase transaction regards a portfolio sold to IFIS NPL, on the primary market, consumer cluster, by one of the leading Italian consumer credit companies. The nominal value is approximately € 21 million (more than 3,250 positions), of which 75% are personal loans, 25% credit cards.

Following the purchases made, the proprietary portfolio of IFIS NPL amounts to more than € 14.7 billion (nominal value), for a total of more than 1.57 million positions.

* value of the portfolio al 31 December 2017

Banca IFIS S.p.A. Communication, Marketing and Investor Relations Manager Mara Di Giorgio Mob.: +39 335 7737417 mara.digiorgio@bancaifis.it www.bancaifis.it

Head of Communication Chiara Bortolato Mob.: +39 366 9270394 chiara.bortolato@bancaifis.it

Head of Press Office Eleonora Vallin Mob.: +39 342 8554140 eleonora.vallin@bancaifis.it