NewsEconomicsBanca Ifis, Geertman: 'Resilient group, results confirm our model'

Banca Ifis, Geertman: ‘Resilient group, results confirm our model’


“Banca Ifis is a unique organization, very resilient and capable of overseeing specific businesses that require a high degree of distinctive competence”. This is what Frederik Geertman, CEO of the group, said in commenting on the financial statements as at 31 March. “The results of the first quarter, which closed with a net profit for the period of 20.1 million euros, therefore confirm the validity of a model based on quality and specialization that today has good industrial performance. The commercial business has shown great dynamism. and higher disbursements especially in mortgages guaranteed by Mediocredito Centrale, reporting revenues of 65 million euros, up 21% compared to the first quarter of 2020 “, he added. “We are accelerating on the digitization of processes with a view to efficiency, speed and omnichannel, already collecting concrete commercial contributions. In the first quarter of 2021 – he said – one fifth of our new customers was acquired digitally. The goal is to incorporate technology. in our processes and offer customers a ‘business-friendly’ experience. The new platforms will allow not only the marketing of the Bank’s products but also and above all the more automated management of the back office to focus people and skills on high-value activities added, “continued Geertman.

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