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News 2026-07-09 04:44 UTC

Fitch Revises Banca Ifis Outlook to Negative On Riskier Business Profile

() -- Fitch Ratings on Wednesday affirmed its long-term issuer default rating on Banca Ifis (IF.MI) at BB+ and revised the outlook to negative from stable. The rating agency attributed the outlook revision to recent risk increases in the Italian lender's business profile, profitability and capitalization. The increased