Press Releases - BFF Banking Group
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Press Releases
Milan, 15th March 2021 – Following the merger by incorporation of DEPObank – Banca Depositaria Italiana S.p.A., effective from 5th March 2021, the Board of Directors of BFF Bank S.p.A. (“BFF” or the “Bank”) has met today and approved the “Financial Plan 2021-2023 of BFF Banking Group” and the “BFF 2023” presentation (the “Presentation”) for the market.
The Presentation illustrates in details the Bank’s business lines: Factoring & Lending, Securities Services, Payments Services and Central Functions, this latter managing the liquidity (including intra-group funding) and costs not directly attributable to the businesses. Competitive positioning, opportunities, and growth guidelines are illustrated as well.
In addition, it’s presented the business sustainability and Environmental, Social and Governance impacts, with particular focus on the policies followed by BFF during 2020, aligned with the best industry ESG standards.
Finally, the Presentation illustrates the medium-term financial targets to 2023.
The presentation, available in English only, has been published in the Investors > PR & Presentations > Audio Video Presentations section of BFF Group website, and will be illustrated today at 14:30 CET during the “BFF – Investors Day 2021”, that can be followed by registering at this link. The videorecording of the event will be available in the same section of the website by the following day.