BFF Bank S.p.A. (BFF)

Overview

BFF Bank S.p.A., established in 1985 and headquartered in Milan, Italy, stands as a prominent financial services provider catering primarily to suppliers of the national health system and public administration across various European countries. It spreads its operations across Italy, Croatia, the Czech Republic, France, Greece, Poland, Portugal, the Slovak Republic, and Spain. The bank's comprehensive service offerings are segmented into three core areas: Factoring & Lending, Securities Services, and Payment Services, thereby addressing a wide array of financial needs within these sectors.

Products and Services

• Factoring & Lending

  This segment provides a suite of financial solutions targeting suppliers in the public sector as well as public administration entities. Services under this category include non-recourse factoring, where BFF Bank assumes the credit risk for receivables purchased from its clients, thus offering them a secure way to manage their receivables. In addition, they offer lending services to accommodate short-term or long-term financing needs, alongside credit management services to aid in efficient receivables management.

• Securities Services

  BFF Bank takes on a pivotal role in custodian banking for investment funds, offering a vast range of services tailored to national managers, banks, and various investment funds such as pension, mutual, and alternative funds. The offerings in this segment are comprehensive, encompassing global custody, which ensures the safekeeping and maintenance of securities; fund accounting, facilitating accurate tracking of fund performances; and transfer agent services that manage the issuance and cancellation of fund shares.

• Payment Services

  Addressing the needs for efficient payment processing, BFF Bank's Payment Services segment offers an array of solutions designed to streamline transactions. This includes the management of corporate payments, offering businesses efficient ways to handle their payable and receivable accounts. Additionally, the bank provides processing services for cheques and bills, catering to both individual and corporate clients. This segment specifically aims to support medium-small Italian banks and medium-large companies, ensuring their transactional needs are met efficiently.