Merger And Acquisition ChallengesThe opposition from a group of illimity shareholders with a 27% stake may prevent Banca IFIS from proceeding with the merger, limiting synergies.
NII PerformanceThe NII declined by 14.5%, penalised by weak NPL division and shrinking margins.
Operational ChallengesIntegration challenges could erode expertise, present IT migration hurdles, and cause employment issues tied to integration costs.