Banca IFIS - Annual Report 2011

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INTRODUCTION
RESULTS AND STRATEGY
DIRECTORS' REPORT
CONSOLIDATED FINANCIAL STATEMENTS
NOTES
CORPORATE GOVERNANCE

2011 was an important year, one of the most
challenging years in our history, a year in which
the Bank once again achieved excellent results.

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Auction Bad bank Benchmark Buffer	Capitalisation Carry trade Cds Chirographary	Collateral Common equity Core Tier 1 Corporate bond

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The merger of Toscana Finanza S.p.A. into Banca IFIS S.p.A. is part of a larger project for the acquisition and takeover of the former Toscana Finanza Group by Banca IFIS S.p.A., authorised by the Bank of Italy, pursuant to articles 53 and 67 of Legislative Decree 385/1993, on 21 February 2011.

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