(ANSA) – MILAN, 03 FEB – Banca CF + is born from the experience of Credito Fondiario, the new banking group at the service of businesses. The new reality, which is positioned as a technologically advanced challenger bank specialized in financing solutions for companies in performing or re-performing situations, was presented during a meeting in which the new mission of the bank, the business model , the team and a completely renewed brand identity.
The top management of Banca CF + illustrated the objectives of the 5-year industrial plan, which aims to exceed 4 billion euros of assets under management and to achieve efficiency and profitability targets among the highest in the banking system: cost income at 42%, ROAE (Return on average equity) equal to 23%.
Following the detailed corporate reorganization of Credito Fondiario – carried out in August 2021, which led to the spin-off of the management and investment activities in impaired loans merged into Gardant – Banca CF + Panfilo Tarantelli, as Chairman, and Iacopo De Francisco lead , as Chief Executive Officer and General Manager.
To better meet the needs of the companies it addresses – small and medium-sized Italian companies, a segment that has more than 200,000 companies with a turnover between 2 and 100 million Euros – Banca CF + will offer, through an advanced technological platform, various specialized solutions for financing for the company: factoring, loans guaranteed or not by MCC and SACE, purchase of tax credits. (HANDLE).
Source: Ansa
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