Banca I.F.I.S Spa BNCIF

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Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan portfolio is from government and public administration, whereas two-thirds are from the private sector. The gro

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Banca I.F.I.S Spa > The deal

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Post by SparticusJoneson Jul 04, 2017 3:57pm

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The deal

Looking at this again, it really doesn't matter what fcc said in terms of 11% the binding LOI states 16%. I think we all need to calm ourselves and just have to wait and see once we get the papers in the mail and read the actual agreement. So if it's 11% then we have an issue however if its 16% as per the binding LOI the. We sign and vote yes.

Lets just relax and wait and see.

Jones

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