Banca Ifis S.p.a. · MIL:IF
Banca Ifis — Investor Presentation (September 2016)
10 slides from Banca Ifis's investor presentation, Sep 15, 2016
Slide 1: Equity NPL Meeting
Equity NPL Meeting 15 September 2016
Slide 2: Banca IFIS – Group Overview
INTRODUCTION Banca IFIS – Group Overview Banca IFIS is a • Founded in 1983 by Sebastien Egon Shareholder structure as of 30 June 2016 specialty finance Furstenberg, the current chairman, as a Italian player, financial company focused on offering factoring to SMEs focused on trade receivable • Listed
Slide 3: Banca IFIS - Strong and well diversified business model
BUSINESS MODEL Banca IFIS - Strong and well diversified business model Trough the acquisition of Ge Capital Interbanca Group Banca IFIS aims to create the leading specialty finance Italian player with in- depth know-how to provide a complete range of financial services to the SMEs and micro enterpri
Slide 4: Acquisitions in the Italian DRL Market
DISTRESSED RETAIL LOANS Banca IFIS – Acquisitions in the Italian DRL Market The DRL Division is one of the most important players in the Italian NPLs market, finalizing, over the years, several successful acquisitions of non-performing portfolios, which are than managed internally PORTFOLIO GBV € 10
Slide 5: Loans acquisition process
DISTRESSED RETAIL LOANS Banca IFIS – Loans acquisition process The process Deal Selection, Closing and Workout Portfolio Valuation Back office and Portfolio Management Collection and Investment Monitoring Onboarding Strategy decision • Back office • Scouting of new • Loans’ assignment • Recoveries f
Slide 6: Workout Management Strategy and Collection
DISTRESSED RETAIL LOANS Banca IFIS – Workout Management Strategy and Collection The Portfolio management is processed in-house by the NPL Area in accordance with the highest standards of ethics, transparency and respect. In this direction, Credifamiglia was born: this trademark focuses on ethical an
Slide 7: The DRL Division Portfolio
DISTRESSED RETAIL LOANS Banca IFIS – The DRL Division Portfolio 30/06/2016 Book NPL Gross Collection Book Value Value/NPL Portfolio Portfolio Internal and Non Judicial External Recovery Payment 424 mln 71 mln 17% Department Plans Order of Assignment 140 mln 32 mln 23% Wage Legal Recovery Department
Slide 8: Banca IFIS – A diversified income generation
FINANCIAL HIGHLIGHTS Banca IFIS – A diversified income generation Net Banking Income (Eumn) breakdown by segment Banca IFIS’s track record is strong and shows significant 173 growth in all businesses, both in the traditional trade 84 101 20 receivables segment, that 108 11 56 33 currently accounts f
Slide 9: Banca IFIS – A solid balance sheet
FINANCIAL HIGHLIGHTS Banca IFIS – A solid balance sheet Strong credit quality with a cost of risk of 78 bps as of June. 2016 1H2016 Asset structure Credit quality (net figures) – Eu mn 1H2016 3,2% 4,3% 21,7% 120 109 100 80 58 55 2015 60 40 70,8% 31 31 2016 40 Financial assets Loans to customers 20 D
Slide 10: Banca IFIS – Stock overview
FINANCIAL MARKETS Banca IFIS – Stock overview Stock price (Eu) comparison - based on Banca IFIS price at 31/12/2015 30 • Banca IFIS has shown a 28 negative performance (- 26 27.78%) YTD, nevertheless 24 overperforming the Ftse 22 Italia Banks index but 20 underperforming the Ftse MIB index and the S