Banca Farmafactoring S.p.A.

Detailed Description

BFF Bank S.p.A. provides financial services to suppliers of the national health system and public administration sector in Italy, Croatia, the Czech Republic, France, Greece, Poland, Portugal, the Slovak Republic, and Spain. It operates through Factoring & Lending, Securities Services, and Payment Services segments. The Factoring & Lending segment offers non-recourse factoring, lending, and credit management services to public sector suppliers and public administration bodies. The Securities Services segment undertakes custodian banking for investment funds and related services, such as global custody, fund accounting, and transfer agent services for national managers and banks, as well as various investment funds, including pension, mutual, and alternative funds. The Payments Services segment undertakes payment processing, corporate payments, and cheques and bills, as well as operates customers medium-small Italian banks and medium-large companies. The company was founded in 1985 and is headquartered in Milan, Italy.