In evidence Investor, Servicer & Debt Buyer Newsroom

illimity Bank: 2023 profit over 100 million euros

The Shareholders’ Meeting of illimity, the italian challenge bank founded by Corrado Passera  and specialized in investments and servicing in the Credit Distressed Industry, has  approved the financial statements as of 31 December 2023. It closes with a profit of 102,307,086.65 euros,

The assignment of a dividend with a unit value of 24.88 cents to the 83,916,330 ordinary shares in circulation for a total of 20,878,382.901 euros was decided. Illimity is listed to Milan Stock Exchange.

The payment of the dividend will be scheduled for May 22, 2024, with ex-dividend date on May 20, 2024.

Assets amount to 7.3 billion euros as already indicated to the market on February 9th.

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Managing Director of Credit Village, Roberto Sergio has more than 20 years of experience in NPL and distressed debt in the Italian and International market. He is the editor of the NPL column in Credit Village Magazine and the director of Credit Village's National NPL Market Observatory.

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