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ICCREA Group, known formerly as Istituto Centrale delle Casse Rurali ed Artigiane, is a central institution of Italian credit unions and rural savings banks. The holding company of the group was ICCREA Holding (from 1995 to 2016), while ICCREA Banca, ICCREA BancaImpresa, and several other companies were subsidiaries. However, ICCREA Banca merged with ICCREA Holding in mid-2016 as part of the banking reform in 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 banks.
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Native name | ICCREA Banca | ||||||
|---|---|---|---|---|---|---|---|
| Formerly | Istituto Centrale delle Casse Rurali ed Artigiane | ||||||
| Company type | S.p.a. owned by cooperative banks | ||||||
| Industry | Financial services | ||||||
| Founded | 1963 | ||||||
| Headquarters | Rome , Italy | ||||||
Area served | Italy | ||||||
| Services | co-operative bank | ||||||
 (€24 million) (2016) | |||||||
| Total assets | €46.855 billion (2016) | ||||||
| Total equity | €1.596 billion (2016) | ||||||
| Subsidiaries |
| ||||||
| Capital ratio | 12.04% (Group CET1 Capital ratio, Dec.2016) | ||||||
| Rating |
| ||||||
| Website | iccreabanca.it gruppobancarioiccrea.it | ||||||
| Footnotes / references in consolidated financial statement[4] | |||||||
ICCREA has been designated as a significant institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank.[5][6]
Shareholders
edit- As of 31 December 2014[7]
The 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[8]
- Federazione Italiana delle Banche di Credito Cooperativo - Casse Rurali ed Artigiane (Federcasse)
- 15 regional credit union federations
- Federazione BCC Emilia Romagna (0.12%)[9]
- Cassa Centrale Banca - Credito Cooperativo del Nord Est (2.82%)[10]
- Cassa Centrale Raiffeisen dell'Alto Adige (1.11%)[11]
- 328 credit unions (BCC) and rural saving banks (Italian: Casse Rurali)
- 3 ex-BCC
- Others (Fondo Sviluppo e Banca Sviluppo)
- Treasury shares (0.04%)[8]
See also
edit
- Cassa Centrale Banca - Credito Cooperativo Italiano
- Crédit Agricole S.A., French counterpart
- Raiffeisen Bank International, Austrian counterpart
References
edit- ^ "Holdings of the banking Group Iccrea" (PDF). ICCREA Holding. 19 February 2016. Archived from the original (PDF) on 6 March 2016. Retrieved 6 March 2016.
- ^ "Rating Action: Moody's withdraws Iccrea BancaImpresa's ratings" (Press release). Moody's. 15 June 2017. Retrieved 17 July 2017.
- ^ "FITCH AFFIRMS ICCREA BANCA AT 'BBB-'; OUTLOOK EVOLVING" (PDF) (Press release). Fitch Ratings. 19 January 2017. Retrieved 18 July 2017.
- ^ "Bilancio consolidato 2016" (PDF) (in Italian). ICCREA Banca. 2017. Retrieved 17 July 2017.
- ^ "The list of significant supervised entities and the list of less significant institutions" (PDF). European Central Bank. 4 September 2014.
- ^ "List of supervised entities" (PDF). European Central Bank. 1 January 2023.
- ^ "Il capitale sociale del Gruppo bancario Icrrea" (PDF) (in Italian). ICCREA Holding. 12 February 2016. Archived from the original (PDF) on 30 June 2016. Retrieved 6 March 2016.
- ^ a b "2014 Annual Report and Consolidated Financial Statements" (PDF). ICCREA Holding. 17 July 2015. Archived from the original (PDF) on 6 March 2016. Retrieved 6 March 2016.
- ^ "2014 Relazione e Bilancio dell'Esercizio" (PDF) (in Italian). Federazione BCC Emilia Romagna. 6 July 2015. Retrieved 6 March 2016.
- ^ "2014 bilancio consolidato" (PDF) (in Italian). Cassa Centrale Banca. 22 April 2015. Archived from the original (PDF) on 14 February 2017. Retrieved 6 March 2016.
- ^ "Relazione e Bilancio 2014" (PDF) (in Italian). Raiffeisen Landesbank Südtirol – Cassa Centrale Raiffeisen dell'Alto Adige. 11 May 2015. Retrieved 13 February 2016.[permanent dead link]
- ^ "2014 Bilancio" (in Italian). Banca di Credito Cooperativo di Roma. 6 May 2015. Retrieved 25 March 2016.
- ^ "2014 Bilancio d'esercizio" (PDF) (in Italian). Credito Cooperativo Ravennate e Imolese. 3 June 2015. Archived from the original (PDF) on 19 April 2016. Retrieved 31 March 2016.
- ^ "2014 Bilancio" (PDF) (in Italian). Banca di Viterbo Credito Cooperativo. 29 May 2015. Retrieved 31 March 2016.
- ^ page 150, "2014 Bilancio Consolidato" (PDF) (in Italian). Banca d'Alba. 27 April 2015. Retrieved 31 March 2016.
- ^ "2014 Bilancio" (PDF) (in Italian). Banca di Cambiano. 19 June 2015. Retrieved 31 March 2016.
External links
edit- Official website (in Italian and English)
- Official website (in Italian and English)
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