Banca Ifis Website, Blog & Press Pages

Banca Ifis: the Bank of Italy has authorised the merger of illimity. The Board of Directors has appointed Raffaele Zingone as Chief Executive Officer of Banca Ifis. The Bank of Italy has delivered thebancaifis.it/en/press-releases/banca-ifis-the-bank-of-italy-has-authorised-the-merger-of-illimity-the-board-of-directors-has-appointed-raffaele-zingone-as-chief-executive-officer-of-banca-ifis-the-bank-of-italy-has-delivered-th/

The Bank of Italy has authorized the merger of **illimity** into **Banca Ifis**. The company’s Board of Directors appoints **Raffaele Zingone** as its new Chief Executive Officer. The inspection report from the Bank of Italy is currently under review by the Board.

Sep 2026IFIS WebNews article

Banca Ifis accelerates its industrial transformation and confirms its target of Euro 75 million in annual synergies from 2027.bancaifis.it/en/press-releases/banca-ifis-accelerates-its-industrial-transformation-and-confirms-its-target-of-euro-75-million-in-annual-synergies-from-2027/

Banca Ifis targets **Euro 75 million in annual synergies by 2027** as part of its ongoing industrial transformation. The bank reports a **net profit of Euro 8 million for the first half of 2026**, though this figure includes **Euro 30 million in value adjustments and provisions** linked to an internal review triggered by a Bank of Italy inspection.

Aug 2026IFIS WebNews article

Banca Ifis launches a competitive process for the deconsolidation of its NPL business, accelerates the transformation towards a specialty finance focused on Corporatebancaifis.it/en/press-releases/banca-ifis-launches-a-competitive-process-for-the-deconsolidation-of-its-npl-business-accelerates-the-transformation-towards-a-specialty-finance-focused-on-corporate/

Banca Ifis initiates a competitive sale process for its non-performing loan (NPL) portfolio to divest the business. The move aligns with regulatory shifts on calendar provisioning and accelerates the bank’s strategic pivot toward corporate specialty finance. The transaction aims to streamline operations and refocus resources on core lending activities.

Jun 2026IFIS WebNews article

In 1Q 26, Banca Ifis accelerates the optimisation of non-core assets and the integration with illimity, which makes a positive contribution to the Group’s profit. The strategic review project in the abancaifis.it/en/press-releases/in-1q-26-banca-ifis-accelerates-the-optimisation-of-non-core-assets-and-the-integration-with-illimity-which-makes-a-positive-contribution-to-the-groups-profit-the-strategic-review-project/

Banca Ifis optimizes non-core assets and integrates illimity, boosting the group’s profitability. The company reports a consolidated net profit of **€31.3 million** for **1Q 2026**, demonstrating resilience amid seasonal challenges. The strategic review project supports these financial improvements.

May 2026IFIS WebNews article

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