Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Top Stories

New analysis on IBL

New analysis on IBL

Scope Ratings has published its rating report on IBL Banca, rated BBB with Stable Outlook.

The rating is based on the low-risk business model of IBL, a leader in the Italian market for payroll and pension deducted loans (PDL), which is a high-margin, low-risk personal loan product with a long history in Italy. These loans have a complex structure, which involve several players and a long origination process. IBL seems to have mastered the vertical value chain entirely, evidenced by the bank’s negligible credit-loss levels and high profitability.

The ratings also take account of the large exposure to Italian government bonds, mostly financed via short-term repos. This represents a large risk concentration, despite our currently positive credit view of the Italian sovereign. Aside from repo funding for the government bond portfolio, IBL funds itself through deposits and securitisations of its loan book, which recently have mostly been retained and used as collateral for ECB term repo operations.

IBL’s capital position is adequate, despite the high regulatory risk-weighting of PDL loans. We also highlight the key man risk regarding Mr. Mario Giordano, the bank’s CEO since 1998.

Download updated report on IBL.

Global Banking & Finance Review


Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!

By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post