Brief: IFIS to decide on TIER2 bond call option after Bank of Italy final audit report
26/06/2026 07:36
BRIEF-IFIS to decide on TIER2 bond call option after Bank of Italy final audit report June 26 (Reuters) - Banca IFIS CEO Frederik Geertman says in analyst call:
PROVISIONS ON SECURITISED PORTFOLIOS REFLECT RECOVERY EXPECTATIONS BASED ON LATEST DATA FROM SERVICERS
PROVISIONS TAKE INTO ACCOUNT OUTCOME OF TWO BANK OF ITALY INSPECTIONS AT ILLIMITY IN 2024
DECISION ON TIER2 BOND CALL TO BE TAKEN AFTER ONGOING BANK OF ITALY INSPECTION CONCLUDES
CAN'T RULE OUT NEED FOR ANY FURTHER ADJUSTMENTS FOLLOWING BANK OF ITALY'S FINAL REPORT
Further company coverage: IF.MI
(Reporting by Milan Newsroom)
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