Website: www.bancaifis.itAnnualReportwebsite: bilancio.bancaifis.itEmail: ifis@bancaifis.itInvestorcontactMaraDiGiorgioEma...
Theevolutionofrendimax,theBancaIFIS onlinesavingsaccount,wasasquickasitwaseffective.ItsnaturallandingtowhatisknownastheWeb...
Startingfromthissolidfinancialbase,theGrouppursuestheobjectiveofsearchingforandtrainingyoungsterswithaneyetothefuture,capa...
Website:http://www.bancaifis.it2011AnnualReportwebsite:http://bilancio.bancaifis.itEmail:ifis@bancaifis.itInvestorcontact:...
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Newsletter Banca IFIS Group 1

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Newsletter Banca IFIS Group 1, march 2012.

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Newsletter Banca IFIS Group 1

  1. 1. Website: www.bancaifis.itAnnualReportwebsite: bilancio.bancaifis.itEmail: ifis@bancaifis.itInvestorcontactMaraDiGiorgioEmail:mara.digiorgio@bancaifis.itPhone:Phone:+390415027623http://www.linkedin.com/company/banca-ifiswww.twitter.com/bancaIFISwww.facebook.com/Banca.IFIS“2011wasanyearinwhichweshowedwewereabletoovercometheproblemsarisingfrom theeconomic,financialandpoliticalscenario:deteriorationofcreditquality,recession,sovereigndebtcrisis.Despiteallthis,in2011BancaIFIShasrecordedthebestresultsinitshistory,andisnowpreparingforthefuture,thinkingaboutbusinesses,saversandfamilies”saidChairmanvonFurstenberg.Let’slookatthemostsignificantitemsindetail:Theentireperiod(01/01/2011–31/12/2011):•• Increaseinnetbankingincomeof28.6% to121.4millionEuro.• Growthinnetprofitfromfinancialactivitiesof27.6% to89.3millionEuro.• Furtherimprovementintheimpactofcostsonnetbankingincome(cost/incomeratio)whichended2011at39.1%.• Significantincreaseinprofitfortheyearwhichexceeded26.5millionEuro,upby42.5%.• Solvencyat10.8%•• CoreTier1at11.2%• ROEat12.6%Inthefourthquarter(01/10/2011–31/12/2011):• Increaseinnetbankingincomeof42.0% to37.6millionEuro.• Increasenetprofitfromfinancialactivitieswhichstoodat24.4millionEuro(+53.1%).• Sharpincreaseinprofitfortheperiod,+90.6% (5.5millionEuro).“We“Wearewellawareoftheday-to-dayproblemsfacingbusinesses.Weinviteownersofhealthycompanies,believinginthevalueoftheirownworkandgeneratingqualitytradereceivables,toplacetheirtrustinBancaIFIS:togetherwewillfindthebestsolutiontosupporttheiroperationsandallow them tocontinuetodobusinessandbuildtheirfuture,”statedtheChiefExecutiveOfficerGiovanniBossi,addinghiscommentsonfunding“theresponsefromsaversandfamiliestorendimaxhasbeenfantastic,andhasdeeplychangedtheBank.Beforerendimaxwewerelimitedtotheinterbankmarket,whichwhichinrecentyearshaslostitsmomentum,butnowtheliquidityofourdepositaccountallowsustoguaranteebusinessesandtherealeconomyeverypossiblesupport.Animpressivechangeintermsofsizeandspeed.Presenceonsocialnetworkshasshowninvestorsourrange,promptingconversation,andhasenabledustolistentothemarketneeds,givingsubstancetoournewproductssuchasrendimaxLike,whichhasdrivenallthefundingactivity,eveninthefirstfewmonthsof2012.WehavealwaysbelievedintheEuro,andintheworkingspiritofItaly.Today,with4billioneurosinvestedinItaliangovernmentgovernmentsecurities,weareoneofthemostimportantbanksfortheacquiredportfolio,alsoinrelationtooursize.Theprofitswewillreceivefrom thisactivityinthecomingyears,oncetaxeshavebeenpaid,willstrengthentheBank’sequityandwillthereforegobackintotherealeconomy”.OnMarch22nd,theBoardofDirectorsapprovedtheGroup’sresultsforthe2011period.Therewasplentyofexpectationforthefinancial-equitydata,specificallyinordertoassesstheGroup’sreactiontothedifficulteconomicsituationcurrentlyexperiencedbyItaly,acountrydeterioratedbyrecession,creditcrunchandsovereigndebtcrisis.Despitethedifficulttimes,in2011theGrouppostedthebestperformanceofitsentirehistory.entirehistory.5.Upcomingbranchopenings6.Newinitiatives:CUOAandmuchmore7.Contacts1.2011results2.Outlookfor20123.Theonlinepresenceofrendimax4.TheGroupthathires
  2. 2. Theevolutionofrendimax,theBancaIFIS onlinesavingsaccount,wasasquickasitwaseffective.ItsnaturallandingtowhatisknownastheWeb2.0isinfactoneofthekeystothesuccessofasavingstoolaccountalreadyappreciatedbythemarket.Inadditiontotheincreaseinnumberofcustomersandofdepositsmade,rendimaxholdsarecord:itisthefirstsavingsaccountdesignedonlinetogetherwiththesavers.Indeed,Indeed,thankstoaseriesofsurveysconductedontheInternet,in Decemberof2011 Banca IFIS introducedrendimaxLike,thefreeon-callsavingsaccountlaunchedthroughadailyconversationwiththeusersonthesocialnetworksandonthespecialisedforumFinanzaOnLine.Inadditiontothegrowingnumberofcustomers,thestrengthandsuccessofthisproducthascontributedtoBancaIFISbeingawardedthe2011topspotinthebankingsectorby“SocialMediAbilityofItalianCompanies:ayearlater”,theresearchconductedbytheUniversitàIULM evaluatingthepresenceandinteractionofcompaniesinthesocialnetworks.rendimaxisonFacebook,withitsofficialpage,andonthefollowingchannels:• Twitter:averitableonlinecustomercareservice;•• LinkedIn:thegroupdiscussingabouteconomyandfinance;• SalvaRisparmio:theblogfordiscussingandexchangingviewsonthetopicofsavings;• TheGoogle+andPinterestprofiles,thelatestadditionsinordertoimprovetheonlineservicesaddressedtoourcommunityofusers.AllAlltheseservicesaredesignedtoofferanew conceptof2.0Bank,inotherwordsentirelydedicatedtotheworldoftheInternetandtothecapabilitiesandlogicsthatsuchworldoffersinhandlingcustomerrelations,andwhichareapreludetorendimaxbecomingacurrentaccount.TheTheBank’sfocusontheonlineworldiscombinedwithahigh-standardandefficienttelephone service,which customerscan contactbydialling the toll-free number800.522.122fromMondaystoFridaysfrom8:00amuntil8pm,andonSaturdaysfrom8:00amuntil2:00pm.Therewillbegreaterfocusonthemanagementofnon-performingloansacquiredbytheToscanaFinanzadivision,whichshowsexcellentrecoverypossibilitiesstronglyrelatedtotheactivitiescurrentlyunderway,constantlystrivingforgreaterexcellenceinportfoliomanagement.Fortaxcreditsgeneratedbybankruptcyproceedings,theactivityofthesubsidiaryFastFinanceissuitablypositionedforgeneratinggrowingincomeflows.DuringDuringthefirstweeksof2012,thesizeofthebondportfoliowasincreasedsignificantly,uptoatotalofover4.5billionEuros.ThepurchasedbondsareallItaliangovernmentbonds,withshort-termmaturitydatesandfixedrateormedium-termmaturitydatesandvariablerate.Itcanbereasonablyexpectedforthesebondstogenerateconsiderableincomein2012andinthefollowingperiods.ThereTherearesignificantexpectationsconcerningthegrowthoftheretailcollectionbytheonlinesavingsaccountrendimaxwhich,duringthecourseof2012willbeaddingthetypicalcharacteristicsofacurrentaccounttoitsalreadyimportantcapabilities.Thecollectiongeneratedbytherendimaxretailcollectionwillallowsthebanktoeasilyplanitsfinancialgrowth.Overall,Overall,itispossibletoforecastapositivetrendinprofits,whichshouldrisesharplyaboveall,butnotexclusively,duetotheadditionalprofitsarisingfrom thesecuritybusiness,andasimultaneousincreaseinsolvencyasaresultofthecapitalisationofsaidprofits.WithregardstotheBank’straditionalandnewsectors,weexpect:apositivetrendofthemarginsinthesectorofloanstoenterprises,withariskelementrepresentedbythecurrenteconomicsituationanditsimpactonthequalityofthecredit;anincreaseinoperationsandinthemarginsinthesectorofnon-performingloans;apick-upinprofitabilityprofitabilityandtheopeningtoproductsandservicesthathaveyettobeexploredinfavourofproceduresasconcernstheoperationsofthesubsidiaryFastFinance,forwhichthemergerprocessintotheparentCompanyhasbeeninitiated.SuchprocessisexpectedtobecompletedbytheendoftheyearfollowingtheauthorizationbytheSupervisoryBody.Starting from the strengthening in equityand liquiditygenerated bythe rendimaxretailchannel,the Groupintendstoenhanceitspresenceintherealeconomy.Anincreaseinloansisplannedinordertobothsupportthefinancingofindustrioussmallandmediumsizecompaniescapableofachievingsignificantgrowthandtoenhancethepharma-industrial segment, which offers excellentrefinancingopportunitiesandinterestingyields.refinancingopportunitiesandinterestingyields.April2nd,2012▪NewBancaIFISbranchopensinPisaApril27th,2012:▪Shareholders’Meetingforapprovaloftheannualreportfor2011May8th,2012:▪BoardofDirectors’approvalfirstquarterly▪BoardofDirectors’approvalfirstquarterly
  3. 3. Startingfromthissolidfinancialbase,theGrouppursuestheobjectiveofsearchingforandtrainingyoungsterswithaneyetothefuture,capableofprofessionalandpersonalgrowthwithinadynamicandconstantlyevolvingorganisation.Andnotjustyoungsters:wearealsolookingforseniorfiguresthatcanprovidetheirvaluableexperience.Throughthewebsite,andspecificallytheCareerssectionoftheLinkedInpageoftheBancaIFISGroup(http://www.linkedin.com/company/banca-ifis/careers),(http://www.linkedin.com/company/banca-ifis/careers),youcanlookthroughtheposi-tionsthatarecurrentlyopen.Specifically,thereareemploymentopportunitiesinthecommercialarea(SalesManagers)aswellaspositionsofamoremanagerialnature,dedicatedtotheGroup’soperationalmanagementandorganisation.Theprofessionalfiguresinhighestdemandinclude:• SalesManager;• JuniorCreditManager;• OrganisationProjectManager;• CorporateAffairsClerk;• AssetManager;Despitethecrisisthatiscausingmoreandmorepeopletobeunemployed,theBancaIFISGroupcontinuesitshiringcampaign.The mergerby incorporation ofToscanaFinanza,combinedwiththeencouragingfiguresofthe2011consolidatedfinancialstatements,haveresultedintheBancaIFISGroupneedingnewpersonnel.AmongthevariousinitiativesundertakenbytheBancaIFISGroup,thecooperationwithFondazioneCUOAstandsout.FondazioneFondazioneCUOAisamanagementschoolthathasbeenoperatingattheinternationallevelsince1957.Itspeculiarfeatureisthestrongbondwiththeeconomic-entrepreneurialsectorinwhichitworks,whichguaranteestheschool–inaddition to scientific rigour– a considerable applicativenature.TheThefeatherinthecapofitsteachingofferisCUOAFinance,whichrepresentstheschool’sspecificfocusonthefinancemarketandonitsmainmarketplayers,suchas:banks,insurancecompaniesandfinancialservices.ThecooperationbetweentheBancaIFISGroupandFondazioneCUOAhasledtoapartnershipagreementundertwoprofiles:• ContributingtothesecondeditionoftheMasterinFinance;• CycleofmeetingsdedicatedtotheenterpriseswhoareBancaIFIScustomersontopicsofcorporateandfinancialculture.ThisThisseconditem isdevelopedthroughthecourse“Toolsandtechniquesforabetterrelationship between enterprise and bank”,dedicated to entrepreneurs,GeneralManagers,CFOs,andControllersofcompanieslocatedintheNorth-easternItaly(Padova,Pordenone,TrevisoandVicenzabranches)withthegoalof:• encouraging the developmentofa financialenterprise culture:finance asastrategicleverinsupportoftheenterprise’sbusiness;•• suggesting techniquesand toolswith which to plan financialresourcesandevaluatethefinancialsustainabilityofthedebt;• understandinghowtoproperlycommunicatethebank’sdevelopmentprojectsandfinancialplans.Thecourseconsistsofthreemeetings,whichareheldattheregisteredofficeofBancaIFIS,from5:00pmuntil8:00pm.Themeetingsareuponinvitationandfreeofcharge.AnotherAnotherimportantcooperationistheoneinvolvingtheDecimoSaloned’Impresa(TenthEnterprise Tradeshow),which willbe held on May18th and May19th atVillaFurstenberg(VeniceMestre),theheadquartersofBancaIFIS.Thisyear’seditionwillbededicatedtotheLiquidEnterprise,ascoinedbyBauman.TheThe event,attracting an audience ofapproximately 500 entrepreneurs and topmanagers,aims to analyse the new relationship between bank and enterprise,evaluatingitsevolutionintermsoftheapproachandmanagementofthepartnershipbetweenthesetwoeconomicinstitutes.
  4. 4. Website:http://www.bancaifis.it2011AnnualReportwebsite:http://bilancio.bancaifis.itEmail:ifis@bancaifis.itInvestorcontact:MaraDiGiorgioEmail:mara.digiorgio@bancaifis.itPhone:+390415027623BancaIFIS isalways,andhasalwaysbeen,closetoitscustomers.AftertheopeningsofthispastNovember,whichbroughtto27thenumberofItalianbranchesdedicatedtoenterprises,thenew branchinPisawillbeinauguratedonApril2nd.ThenewbranchjoinstherecentopeningsoftheTurinbranch(includingtheprovincesofAstiandAlessandria)andthebranchinSalerno,Campania’slargestprovinceintermsofsize.BancaIFIS,focusedonprovidingcommercialcreditinsupportofemploymentandthedevelopmentofsmallandmedium enterprises,offersitscustomersanincreasinglycapillarypresenceforahigherqualityserviceandafurtherreductioninresponsetimes.Newaddress:BancaIFISS.p.A.V.Mezzanina,18V.Mezzanina,1856121PISA

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