02
Banca IFIS Group
Who we are
The Group
The Banca IFIS Group is the only independent banking group in Italy specialized
in the value chain of trade receivables, non–performing loans, and tax
receivables.
Listed in the STAR segment of the Italian Stock Exchange, MTA
Isin Code:IT0003188064 Alphanumeric Code: IF Super Sector: Financial Services
Index: FTSE All-Share Capped, FTSE Italia All-Share, FTSE Italia Mid Cap, FTSE Italia STAR, FTSE Italia All-Share
Financials, FTSE Italia All-Share Financial Services
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Banca IFIS Group
The Group
Our Core Assets/Liabilities activities
Finance SME’s Working Capital
Distressed retail loans
Tax receivables loans
Core activities
Government bond portfolio
Retail funding
Interbank market
ECB
Tactical activity
Total assets : 8,1 bn €
Total liabilities : 7,8 bn €
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Core businesses
Banca IFIS Group
Banca IFIS core businesses
LOANS
SMEs FAMILIES INSOLVENCY
PROCEEDINGS Trade
receivables Destressed
consumer credit
loans
Tax
receivables
RETAIL WHOLESALE
DEPOSITS/FUNDING
Total core assets : 2,0 bn €
3,1 bn €
1.775,9 mn € 83,2 mn € 104,1 mn €
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Trade receivable support to SMEs: Factoring to mitigate the risk
FACTORING is an on-going relationship where a specialist ( Bank) purchases, manages and gives
advances on (and may also guarantee) a part of an enterprise’s trade receivables, after having monitored
and assessed the quality of the receivables themselves and the debtors involved.
Banca IFIS
Fast Facts 31/12/2012 31/12/2011
N. Clients 3619 3039
Turnover 4941 m € 4644 m €
Loans 1776 m € 1545 m €
Net Banking income/ Turnover 2,3% 1,6%
Net Banking income/ Loans
6,4 % 4,8%
NPL/Loans 4,3% 4,8% http://www.youtube.com/watch?v=9tdJ-TbdcsU
SME’s WC support
Trade finance 303 bn* (-2,9% yr/yr)
Factoring 46 bn (+2,2%)
Short term SME’s Italian credit market (Source: Assifact, 31/12/2012)
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Banca IFIS
Banca IFIS 1,7 bn
Banca IFIS target market
Market share by player (figures in million €, 31/12/2012) 53,5
2
28,9
8
26,5
8
9,5
2
8,0
7
7,7
9
4,8
9
4,6
5
4,1
7
3,2
2
3,1
0
2,2
3
1,8
9
1,8
2
1,8
0
1,7
5
1,7
1
1,7
0
1,5
3
1,1
2
1,1
1
1,0
5
0,6
6
0,6
4
0,5
2
0,5
2
0,4
7
0,1
7
0,0
7
0,0
7
0,0
2
0,00
10,00
20,00
30,00
40,00
50,00
60,0007
Turnover
Banca IFIS rank
Total n. of assignors in the market: 19.071
13,2
8
11,5
8
8,4
1
3,0
8
2,9
0
2,5
6
2,4
6
2,1
8
1,6
3
1,3
1
1,2
3
1,0
1
0,6
6
0,5
7
0,5
6
0,5
2
0,5
2
0,5
1
0,3
8
0,3
7
0,3
4
0,2
7
0,2
3
0,1
9
0,1
9
0,1
9
0,1
7
0,1
4
0,0
5
0,0
4
0,0
2
0,00
2,00
4,00
6,00
8,00
10,00
12,00
14,00
08
Banca IFIS rank
Outstanding
Market share by player (figures in million €, 31/12/2012)
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Commercial Presence
Banca IFIS
Banca IFIS commercial presence
> 29 branches throughout Italy.
> Over 80 dedicated specialists managing and developing
customer relationships.
> New web approach tested in the last 2 months dedicated to
generate leads
> New brand launch by September
PRESENCE THROUGHOUT ITALY
PRESENCE outside ITALY:
> 1 company in Polland
> 2 branches in Rumenia
> 1 subsidiary in Hungary
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Distressed retail loans area: unsecured credit consumer NPL
Banca IFIS
Banca IFIS DRL
Customer
Financial company (Assignor)
Banca IFIS (Assignee)
Debt Collection Company
Loan
Non-Performing Loan Debt recovery mandate
Debt repayment proposal
Fast Facts 31/12/2012 31/12/2011 Consolidated from 1/7/2011
N. Clients 460.792
Nominal value of receivables managed
3.471 m € 2.451 m €
Loans 104 m € 87 m €
Net Banking income 19 m € 9 m €
Debt collection costs 4,0 m € 1,3 m €
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Fast Finance: purchasing tax receivables area arising from insolvency proceedings
Banca IFIS
Banca IFIS Fast Finance
Fast Facts 31/12/2012 31/12/2011 Consolidated from 1/7/2011
Italian market share 50% (4.245 cases)
Nominal value of receivables managed
146 m € 94 m €
Loans 83 m € 75 m €
Net Banking income 3,8 m € 2,7 m €
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Government bonds: tactical activity
Banca IFIS
Banca IFIS tactical business
Fast Facts 31/12/2012 1Q 2013
Started: End 2011
Amount of the portfolio 5.140 mn €
7.492 mn €
P&L impact : Net banking income
92,9 mn €
32,4 mn €
Retail funding: tactical driven to success
Portfolio 27/06/2013 AFS 2.838 HTM 4.844 L&R 26 HFT 500 TOTALE 7.709
time to maturity 23 months duration 8,8 months
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The Banca IFIS Group goes social
The Banca IFIS Group
The Group
The Banca IFIS Group is present on the following social networks:
www.facebook.com/Banca.IFIS
www.facebook.com/conto.deposito.rendimax
www.facebook.com/conto.corrente.contomax
www.twitter.com/bancaifis
www.twitter.com/GiovanniBossi
www.twitter.com/rendimax
www.twitter.com/contomax4you
www.twitter.com/MondoPMI
www.youtube.com/user/bancaifis
www.linkedin.com/company/banca-ifis
tvchannel.bancaifis.it
www.slideshare.net/bancaifis
www.mondopmi.com
www.salvarisparmio.com
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The Banca IFIS Group
Milestones
The Group
The company ‘I.Fi.S. – Istituto di Finanziamento e Sconto S.p.A.’ was founded.
1983
Admission of shares on the ‘Mercato Ristretto di Milano’ (over-the-counter market of Milan). 1989
Registration in the list of financial intermediaries as per article 107 of the 1993 Banking Law. 1997
Authorization to carry out banking activities as from 1st January 2002. 2001
Admission to the ‘Mercato Telematico Azionario’ (Telematic Stock Market). 2002
Admission to the STAR segment. 2004
Capital increase, Equity: 100 million Euro. 2005
Acquisition of IFIS Finance in Poland. 2006
Launch of rendimax – Banca IFIS’s on-line, high-yield deposit account. 2008
Banca IFIS carries out a 50 million Euro capital increase. 2010