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Banca Ifis

Earnings Release Sep 15, 2016

4153_rns_2016-09-15_43c30d5d-ab9d-4a7a-9af0-16d7b497ffcf.pdf

Earnings Release

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Informazione
Regolamentata n.
0147-45-2016
Data/Ora Ricezione
15 Settembre 2016
09:02:58
MTA - Star
Societa' : BANCA IFIS
Identificativo
Informazione
Regolamentata
: 79082
Nome utilizzatore : IFISN01 - DI GIORGIO
Tipologia : IROS 13
Data/Ora Ricezione : 15 Settembre 2016 09:02:58
Data/Ora Inizio
Diffusione presunta
: 15 Settembre 2016 09:17:59
Oggetto : Banca IFIS, two more NPL deals for a total
of 420 million euro worth of assets bought
Testo del comunicato

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PRESS RELEASE

Banca IFIS, two more NPL deals for a total of 420 million euro worth of assets bought

Mestre (Venice), September 15 – Banca IFIS closed two deals for the purchase of about 420 million euro (nominal value) worth of NPLs.

The first deal, closed with a leading company in the unsecured consumer purpose credit sector, will see the transfer of 35 million euro (nominal value) of unsecured automotive loans in the next 24 months under a forward flow agreement. The portfolio is composed of financing and unsecured leasing loans that belong to the automotive sector.

The second deal will see the purchase from Findomestic Banca of a portfolio of about 384 million euro (nominal value). The portfolio, sold in the primary consumer credit market, is composed of about 70 thousand position. The breakdown is as follows: personal loans (55%), credit card loans(31%), car loans (9%) and purpose loans (5%).

"These deals represent for us a proof of trust from sellers that know us already" stated Andrea Clmaer, Head of Banca IFIS NPL Area. "The choice to continue the collaboration with Banca IFIS also shows the excellence of our structure and of the work that the NPL Area is carrying out in the Italian NPL sector, with a leading role and with an ever increasing will to improve".

Banca IFIS S.p.A. Responsabile Comunicazione Mara Di Giorgio Cell: +39 335 7737417 [email protected] www.bancaifis.it

Ufficio Stampa e Relazioni Esterne Chiara Bortolato Cell: +39 3669270394 [email protected]

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