Native name ICCREA Banca Area served Italy Founded 1963 Total assets 48.7 billion EUR (2015) Parent organization Iccrea Holding S.p.A. | Industry Financial services Headquarters Rome Net income 42.37 million EUR (2015) Total equity 1.693 billion EUR (2015) | |
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Formerly called Istituto Centrale delle Casse Rurali ed Artigiane Type S.p.A. owned by cooperative banks Subsidiaries ICCREA BancaImpresa (99.33%)
BCC Assicurazioni (joint venture, 49%)
BCC Vita (joint venture, 49.06%) | ||
Digital payment summit intervista a antonio galiano iccrea banca e presidente di ventis
ICCREA Group known formerly as Istituto Centrale delle Casse Rurali ed Artigiane, is a central institution of Italian credit unions and rural saving banks. The holding company of the group was ICCREA Holding (from 1995–2016), while ICCREA Banca, ICCREA BancaImpresa and several companies were subsidiaries . However, ICCREA Banca revered merger with ICCREA Holding in mid-2016, as part of the banking reform of Italy. The co-operative banks of Italy would create strong central banks (Cassa Centrale Banca had also applied to be another central bank) with power to recapitalize individual co-operative bank.
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Shareholders
As of 31 December 2014The share capital was represented by 21,954,905 ordinary shares with a par value of €51.65 each with a total value of €1,133,970,843.55
References
ICCREA Banca Wikipedia(Text) CC BY-SA