Live Breaking News & Updates on Banca Ifiss Pa

2 - 1 January 2020 / 31 December 2020
Net banking income of 468 million Euro (-16,2% on 31.12.2019), negatively impacted by the effects of the pandemic crisis.
Operating costs of 308 million Euro (+4,4% on 31.12.2019), mainly due to the incurring of non-recurring costs.
Improved asset quality with the disposal of 120 million Euro (GBV) in non-performing credits (mainly ex-Interbanca) in the Q4 2020.
Capital requirements with the consolidation within La Scogliera
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CET1 up to 11,29% (10,96% at 31 December 2019) versus an SREP requirement of 8,12%; TCR: 14,85% (14,58% at 31 December 2019) versus an SREP requirement of 12,5%. Requirements are calculated net of the 2019 dividend (Euro 1,1 per share), payment of which is suspended as a result of the recommendations of the Bank of Italy and the 2020 dividend (Euro 0,47 per share), which will be proposed for approval by the Shareholders Meeting in April 2021. ....

Andrea Nalon , Beatrice Colleoni , Rosalba Benedetto , Claudia Caracausi , Frederik Geertman , Davide Bruzzese , Banca Ifis , Corso Venezia , Eleonora Vallin , Mariacristina Taormina , Luciano Colombini , Mestre Venice , Ge Capital Interbanca Group , Banking Group , Bank Board Of Directors , Governance Services , Interbanca Group , Head Of The Press Office , Company Appointments Committee , Parent Company , Bank Supervisory Body , Solidarity Fund , Enterprises Segment , Appointments Committee , Remuneration Committee , Supervisory Authority ,