Our history

We were established in 1898 together with the first Italian companies under the name Credito Fondiario Sardo, specialising in the provision of mortgages in Sardinia and Rome.

In the post-war period, we extended our operations to almost the whole of Italy, expanding our activities to include public works and industrial land financing.

In 1960, we entered the world of Istituto per la Ricostruzione Industriale (IRI – Institute for Industrial Reconstruction) – taking the name Credito Fondiario in 1965.

Credito Fondiario entered the financial market in 1985, when the Bank’s shares were listed on the Milan Stock Exchange.

In the 1990s, our operations were extended to medium- to long-term industrial financing, consolidating our special aptitude for corporate credit.

In the 2000s, the Bank changed its mission and specialised in securitisation servicing.

In 2013, Credito Fondiario was acquired by Tages Holding and a group of entrepreneurs with the aim of creating the first Italian new generation debt servicer / debt purchaser.

The strategic repositioning of Credito Fondiario was further strengthened in 2016 with the entry of the new shareholder Tiber Investment S.a.r.l. – a subsidiary of the Elliott Management Corporation Group – one of the largest investment companies in the world.

In October 2018, Elliot becames the Bank’s majority shareholder. With a long-term vision, it supported the growth of Credito Fondiario by injecting capital and promoting the managerial strengthening of the structure with the aim of making it a market leader.

In these years, Credito Fondiario becames a reference operator, growing in size, gaining a very strong competitive position, working as a partner alongside banks and institutional investors, continuously maintaining levels of capitalisation and financial strength among the highest in the sector. Product and process innovation plays a key role in this growth path. Investments in technology and innovation are substantial and account for 25% of total costs. Thanks to integrated IT systems and re-engineered management processes, Credito Fondiario has carried out a process of review and innovation of every single phase in which a bank sells its impaired loans, establishing itself as one of the most important operators in Italy in the credit sector.

Credito Fondiario evolved its mission and returned to its origins as a bank for businesses. Developing the full potential of all the skills acquired in over 125 years of history, it built a diversified offer to meet the liquidity requirements of companies that need support to face their development, consolidation or relaunching plans. This specialised offering is accompanied by an advanced technology platform, capable of making bank-business relations more efficient and faster, especially in terms of response times and credit disbursement. This strategic is represents the natural evolution of a bank that has always been characterised by a great ability to renew itself in order to meet the needs of the market.

The Bank successfully completes a series of key strategic transactions aimed at consolidating its new positioning as a specialised bank focused on corporate lending.
It finalises the merger by incorporation of Fifty S.r.l., a factoring company operating in the market since 2016, and the acquisition of Fivesixty S.r.l., an advisory firm active in the Guaranteed Finance segment. Both transactions enable Banca CF+ to significantly accelerate the development of its two new Business Lines.
On 3 February 2022, Banca CF+ is launched on the market. Building on the legacy and expertise of Credito Fondiario, Banca CF+ is born.

In 2023, Banca CF+ completes the acquisition of the business unit of Credimi, a fintech specialised in small-ticket lending. In 2024, the Bank introduces its Digital Lending offering to the market.