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AFS Group takes stake in ILFA Group

Financial services provider AFS Group made a minority investment in ILFA Group, a treasury management and financing company. The two companies will work together on financing, specifically offering tradable loans on capital markets.

Hein Siemerink, AFS Group’s CEO, indicated his organisation and ILFA Group complement one another well: “There’s a lot of value in our partnership because ILFA has great access to the SME market. In the future, we can hopefully offer tradable loans. The stake that AFS has taken in ILFA is an endorsement of this mutual cooperation.”

ILFA was established in 1995 and advises companies and institutions on the public or private placement of bond loans.

Fred van der Stappen, CO-CEO of ILFA stated that, “We’ve been licensed as an investment firm for a while now, and the cooperation with AFS ensures that we can future develop the services we offer our clients.”

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