Business Plan ClarityBanca IFIS' new business plan is expected to provide clarity on delivering synergies and simplifying illimity's structure.
Core Business FocusIllimity disclosed its strategic guidelines that foresee a backend-loaded profitability recovery, based on the refocus on its core activity towards SME lending and Investment Banking, cost reduction and non-core asset disposals.
Strategic InitiativesBanca IFIS plans to start reorganisation and derisking processes to restore positive profitability for illimity.