The Italian leader in unsecured NPLs is ready to benefit from both the next wave of disposals and a growing factoring market. A leaner and more digital organisation should help in expanding returns, while stronger capital boosts the visibility on shareholder remuneration. A solid positioning built on specialised SMEs lending and NPL investing IFIS has built its solid positioning focusing on profitable niches targeting SMEs'' needs, while being a specialised investor in NPLs. The bank is the l ....