IBL Banca to acquire Creditis from the Chenavari Investment Managers.

IBL Banca, the parent company of the homonymous private and independent banking group, agreed to acquire Creditis, a financial intermediary specialized in consumer credit, from the Chenavari Investment Managers, an alternative fixed income specialist. Financial terms were not disclosed. “With this operation we continue the growth path for external lines that aims to consolidate the positioning of our group in the business areas of reference. In personal credit, we are among the most significant operators for volumes disbursed in the fifth sale segment. In 2024, the gross amount we disbursed was about 1.3bn euros. The operation with Creditis allows us to integrate our offer and respond better and better to the credit needs of families. At the same time, with a vision oriented towards innovation and diversification, in recent years we have expanded our perimeter of activity, entering high-potential sectors. In particular, with BCA Banca we are active as an investment bank in Npe, while through the participation in Net Holding, controlled by Poste Vita, we focus on the insurance sector. Today - also thanks to a careful strategy of targeted acquisitions - we aim to strengthen ourselves even more in our areas of excellence," Mario Giordano, IBL Banca CEO.