Type Società Cooperativa Services Retail banking Founded 1971 Number of locations 55 Total assets 2.555 billion EUR (2015) | Industry Financial services Profit €7,477,483 (2015) Net income 7.477 million EUR (2015) Total equity 250.7 million EUR (2015) | |
Native name Banca Centropadana Credito Cooperativo S.C. Formerly called Cassa Rurale ed Artigiana del Basso Lodigiano |
Banca Centropadana Credito Cooperativo, Società Cooperativa is an Italian cooperative bank based in Guardamiglio, Lombardy. The bank was a member of Federazione Italiana delle Banche di Credito Cooperativo - Casse Rurali ed Artigiane (Federcasse) and Federazione Lombarda delle Banche di Credito Cooperativo (Lombard Co-operative Banks Federation, for 2.09%).
In 2014 Banca Centropadana acquired Banca Farnese from Cassa di Risparmio di Ferrara.
In 2016, due to banking reform of BCC banks (Law N°49/2016), the bank joined a banking group. The reform allowed banks with more than €200 million shareholders' equity to join a banking group or demutualize, forming a società per azioni. Banca Centropadana chose to remain as a co-operative bank.
Sponsorship
References
Banca Centropadana Wikipedia(Text) CC BY-SA