ICCREA Banca

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 companies were subsidiaries. However, ICCREA Banca reverse merged 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 banks.

ICCREA Banca
Native name
ICCREA Banca
FormerlyIstituto Centrale delle Casse Rurali ed Artigiane
TypeS.p.a. owned by cooperative banks
IndustryFinancial services
Founded1963
Headquarters
Rome
,
Italy
Area served
Italy
Servicesco-operative bank
Decrease (€0024 million) (2016)
Total assetsDecrease €46.855 billion (2016)
Total equityDecrease €01.596 billion (2016)
Subsidiaries
ICCREA BancaImpresa(99.33%)
BCC Assicurazioni(JV, 49%)
BCC Vita(JV, 49.06%)[1]
Capital ratioDecrease 12.04% (Group CET1 Capital ratio, Dec.2016)
Rating
Moody'sno rating / withdrew[2]
Fitch RatingsBBB- (January 2017)[3]
Websiteiccreabanca.it
gruppobancarioiccrea.it
Footnotes / references
in consolidated financial statement[4]

Shareholders
As of 31 December 2014[5]

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[6]

See also

References
  1. "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.
  2. "Rating Action: Moody's withdraws Iccrea BancaImpresa's ratings" (Press release). Moody's. 15 June 2017. Retrieved 17 July 2017.
  3. "FITCH AFFIRMS ICCREA BANCA AT 'BBB-'; OUTLOOK EVOLVING" (PDF) (Press release). Fitch Ratings. 19 January 2017. Retrieved 18 July 2017.
  4. "Bilancio consolidato 2016" (PDF) (in Italian). ICCREA Banca. 2017. Retrieved 17 July 2017.
  5. "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.
  6. "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.
  7. "2014 Relazione e Bilancio dell'Esercizio" (PDF) (in Italian). Federazione BCC Emilia Romagna. 6 July 2015. Retrieved 6 March 2016.
  8. "2014 bilancio consolidato" (PDF) (in Italian). Cassa Centrale Banca. 22 April 2015. Retrieved 6 March 2016.
  9. "Relazione e Bilancio 2014" (PDF) (in Italian). Raiffeisen Landesbank Südtirol – Cassa Centrale Raiffeisen dell'Alto Adige. 11 May 2015. Retrieved 13 February 2016.
  10. "2014 Bilancio" (in Italian). Banca di Credito Cooperativo di Roma. 6 May 2015. Retrieved 25 March 2016.
  11. "2014 Bilancio d'esercizio" (PDF) (in Italian). Credito Cooperativo Ravennate e Imolese. 3 June 2015. Retrieved 31 March 2016.
  12. "2014 Bilancio" (PDF) (in Italian). Banca di Viterbo Credito Cooperativo. 29 May 2015. Retrieved 31 March 2016.
  13. page 150, "2014 Bilancio Consolidato" (PDF) (in Italian). Banca d'Alba. 27 April 2015. Retrieved 31 March 2016.
  14. "2014 Bilancio" (PDF) (in Italian). Banca di Cambiano. 19 June 2015. Retrieved 31 March 2016.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.