Banca Sistema (MI: BST)

Last close As at 21/11/2024

EUR1.39

0.00 (0.00%)

Market capitalisation

EUR113m

Edison Investment Research is terminating coverage on Banca Sistema. Please note you should no longer rely on any previous research or estimates for this company. All forecasts should now be considered redundant.

Previously published reports can still be accessed via our website.

Latest Insights

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Financials | QuickView

Banca Sistema — A specialist lender growing in niche segments

Financials | edison tv

Banca Sistema – EKF interview

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Banca Sistema — Resilient, specialist finance provider

Financials | Update

Banca Sistema — Strong lending growth and capital position

Financials

Banca Systema (BST) is an Italian speciality finance provider with factoring as its main activity. The long payment times that characterise public administrations (PAs) in Italy, together with EU-mandated late payment interest, create an attractive opportunity with low credit risk for a specialist lender such as BST. In consumer finance, BST has established a strong position in salary and pension-backed lending and has a small but growing pawnbroking business, providing alternative sources of growth and diversification.

Update

Banca IFIS — Update 2 November 2015