Knowledge

Interbanca

Source 📝

25: 358: 294: 265: 244: 220: 466:
In March 2008, Santander sold Interbanca to GE Commercial Finance, receiving in return GE Money businesses in Germany, Finland and Austria, and GE's Card and Auto Financing Businesses in the UK.
680: 444:, which in 1999 acquired Banca Nazionale dell'Agricoltura. In June 1999, its parent listed Interbanca on the stock exchange, but then in February 2003 wholly acquired it. 695: 526: 675: 685: 463:
in November at a 36% premium over the valuation for the acquisition. Although Banco Santander had sold Antonveneta, it retained Interbanca for the time being.
599: 551: 416:
in November 2016, as part of a strategy by GE to reduce its financial services division. The bank is under Banca IFIS Impresa division of the group.
577: 690: 433: 670: 108: 504: 452: 429: 665: 460: 46: 484:
acquired Interbanca for €160 million, with an obligation to repay the inter-company debt, totalling €2.1 billion, to GE.
89: 61: 42: 68: 555: 75: 35: 405: 393:
that specializes in lending and financing transactions for medium-sized firms. Its headquarters are in
57: 400:
Following a series of acquisitions in the Italian banking industry, Interbanca became a subsidiary of
146: 459:, and Santander. Banco Santander took control of Antonveneta in October 2007 and sold it on to 441: 456: 425: 257: 401: 82: 302: 659: 470: 390: 248: 552:"General Electric hires Deutsche Bank to sell Italian lender Interbanca - sources" 621: 24: 451:
acquired Antonveneta, only to be itself acquired by a consortium consisting of
481: 413: 314: 307: 280: 212: 487:
Interbanca was merged with the parent company Banca IFIS on 23 October 2017.
351: 448: 622:"BRIEF-Banca IFIS: deed of merger of Interbanca into Banca IFIS signed" 578:"Banca IFIS, finalized today the acquisition of GE Capital Interbanca" 527:"Santander and Monte dei Paschi di Siena: agreement on Antonveneta" 394: 236: 184: 180: 648: 600:"Banca IFIS, deed of merger of Interbanca into Banca IFIS signed" 369: 474: 18: 397:
and it has 10 branches in major cities throughout Italy.
473:
to sell the Interbanca, then had a net assets of over
438:
Interbanca – Banca per i Finanziamenti a Medio Termine
365: 350: 313: 301: 286: 276: 255: 234: 210: 190: 176: 168: 160: 152: 142: 134: 126: 49:. Unsourced material may be challenged and removed. 440:in 1961. By 1997 it had come under the control of 681:Companies formerly listed on the Borsa Italiana 580:(Press release). Banca IFIS. 30 November 2016 8: 121: 602:(Press release). Banca IFIS. 3 October 2017 404:. In March 2008, the bank was purchased by 120: 109:Learn how and when to remove this message 696:Italian companies disestablished in 2017 507:(in Italian). Banca IFIS. 30 March 2017 496: 676:Italian companies established in 1961 7: 686:Former General Electric subsidiaries 47:adding citations to reliable sources 14: 550:Barbaglia, Pamela (28 May 2015). 424:A consortium of banks comprising 453:The Royal Bank of Scotland Group 434:Banca Nazionale dell'Agricoltura 357: 356: 293: 292: 264: 263: 243: 242: 219: 218: 23: 461:Banca Monte dei Paschi di Siena 377:Footnotes / references 34:needs additional citations for 469:In May 2015, GE appointed the 172:absorbed by the parent company 1: 691:Banks disestablished in 2017 272:868 million (2016) 505:"2016 Relazioni e Bilancio" 712: 430:Banca d'America e d'Italia 671:Banks established in 1961 624:. Reuters. 4 October 2017 554:. Reuters. Archived from 380:in separate balance sheet 375: 666:Defunct banks of Italy 410:GE Capital Interbanca 406:GE Commercial Finance 130:GE Capital Interbanca 16:Italian merchant bank 558:on December 27, 2015 339:IFIS Rental Services 43:improve this article 370:bancaifisimpresa.it 288:Number of employees 123: 147:Financial services 442:Banca Antonveneta 412:. It was sold to 387:Interbanca S.p.A. 384: 383: 346: 345: 197:corporate banking 119: 118: 111: 93: 703: 652: 651: 649:Official website 634: 633: 631: 629: 618: 612: 611: 609: 607: 596: 590: 589: 587: 585: 574: 568: 567: 565: 563: 547: 541: 540: 538: 537: 531:www.gruppomps.it 523: 517: 516: 514: 512: 501: 426:Banco Ambrosiano 360: 359: 320: 319: 296: 295: 271: 267: 266: 260: 246: 245: 239: 229: 228:57 million) 227: 222: 221: 124: 114: 107: 103: 100: 94: 92: 51: 27: 19: 711: 710: 706: 705: 704: 702: 701: 700: 656: 655: 647: 646: 643: 638: 637: 627: 625: 620: 619: 615: 605: 603: 598: 597: 593: 583: 581: 576: 575: 571: 561: 559: 549: 548: 544: 535: 533: 525: 524: 520: 510: 508: 503: 502: 498: 493: 477:1,000,000,000. 422: 408:and renamed to 402:Banco Santander 389:was an Italian 379: 297:202 (2016) 289: 269: 256: 235: 225: 223: 215: 206: 164:23 October 2017 115: 104: 98: 95: 52: 50: 40: 28: 17: 12: 11: 5: 709: 707: 699: 698: 693: 688: 683: 678: 673: 668: 658: 657: 654: 653: 642: 641:External links 639: 636: 635: 613: 591: 569: 542: 518: 495: 494: 492: 489: 421: 418: 382: 381: 373: 372: 367: 363: 362: 354: 348: 347: 344: 343: 340: 336: 335: 332: 331:IFIS Factoring 328: 327: 324: 317: 311: 310: 305: 299: 298: 290: 287: 284: 283: 278: 274: 273: 261: 253: 252: 240: 232: 231: 216: 211: 208: 207: 205: 204: 201: 198: 194: 192: 188: 187: 178: 174: 173: 170: 166: 165: 162: 158: 157: 154: 150: 149: 144: 140: 139: 136: 132: 131: 128: 117: 116: 31: 29: 22: 15: 13: 10: 9: 6: 4: 3: 2: 708: 697: 694: 692: 689: 687: 684: 682: 679: 677: 674: 672: 669: 667: 664: 663: 661: 650: 645: 644: 640: 623: 617: 614: 601: 595: 592: 579: 573: 570: 557: 553: 546: 543: 532: 528: 522: 519: 506: 500: 497: 490: 488: 485: 483: 478: 476: 472: 471:Deutsche Bank 467: 464: 462: 458: 454: 450: 445: 443: 439: 435: 431: 427: 419: 417: 415: 411: 407: 403: 398: 396: 392: 391:merchant bank 388: 378: 374: 371: 368: 364: 355: 353: 352:Capital ratio 349: 341: 338: 337: 333: 330: 329: 325: 322: 321: 318: 316: 312: 309: 306: 304: 300: 291: 285: 282: 279: 275: 262: 259: 254: 250: 241: 238: 233: 217: 214: 209: 202: 199: 196: 195: 193: 189: 186: 182: 179: 175: 171: 167: 163: 159: 155: 151: 148: 145: 141: 137: 133: 129: 125: 113: 110: 102: 99:February 2016 91: 88: 84: 81: 77: 74: 70: 67: 63: 60: –  59: 55: 54:Find sources: 48: 44: 38: 37: 32:This article 30: 26: 21: 20: 626:. Retrieved 616: 604:. Retrieved 594: 582:. Retrieved 572: 560:. Retrieved 556:the original 545: 534:. Retrieved 530: 521: 509:. Retrieved 499: 486: 479: 468: 465: 446: 437: 423: 409: 399: 386: 385: 376: 361:37.4% (CET1) 323:IFIS Leasing 315:Subsidiaries 258:Total equity 251: (2016) 237:Total assets 230: (2016) 177:Headquarters 135:Company type 105: 96: 86: 79: 72: 65: 58:"Interbanca" 53: 41:Please help 36:verification 33: 628:28 November 606:28 November 584:28 December 562:26 December 660:Categories 536:2019-07-06 491:References 482:Banca IFIS 436:, founded 414:Banca IFIS 308:Banca IFIS 281:Banca IFIS 213:Net income 138:Subsidiary 122:Interbanca 69:newspapers 447:In 2006, 203:factoring 480:In 2016 449:ABN AMRO 191:Services 143:Industry 127:Formerly 511:1 April 420:History 366:Website 249:billion 247:€2.204 200:leasing 161:Defunct 153:Founded 83:scholar 457:Fortis 432:, and 342:(100%) 334:(100%) 326:(100%) 303:Parent 85:  78:  71:  64:  56:  395:Milan 277:Owner 185:Italy 181:Milan 90:JSTOR 76:books 630:2017 608:2017 586:2016 564:2015 513:2017 169:Fate 156:1961 62:news 45:by 662:: 529:. 455:, 428:, 226:00 224:(€ 183:, 632:. 610:. 588:. 566:. 539:. 515:. 475:€ 270:0 268:€ 112:) 106:( 101:) 97:( 87:· 80:· 73:· 66:· 39:.

Index


verification
improve this article
adding citations to reliable sources
"Interbanca"
news
newspapers
books
scholar
JSTOR
Learn how and when to remove this message
Financial services
Milan
Italy
Net income
Total assets
billion
Total equity
Banca IFIS
Parent
Banca IFIS
Subsidiaries
Capital ratio
bancaifisimpresa.it
merchant bank
Milan
Banco Santander
GE Commercial Finance
Banca IFIS
Banco Ambrosiano

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.