Harman Patil (Editor)

Banca Centropadana

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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)

Headquarters
  
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.

References

Banca Centropadana Wikipedia


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