Iccrea Banca Company Profile

Aggregated data from the web about Iccrea Banca
Company Name Iccrea Banca
Website gruppobancarioiccrea.it
Snippet 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.
Type S.p.a. owned by cooperative banks
Rating Moody'sno rating / withdrew[2]Fitch RatingsBBB- (January 2017)[3]
Founded 1963
Website gruppobancarioiccrea.it
Formerly Istituto Centrale delle Casse Rurali ed Artigiane
Industry Financial services
Services central bank for Italian co-operative banks
Net income (€0024 million) (2016)
Area served Italy
Native name ICCREA Banca
Headquarters Rome, Italy
Subsidiaries ICCREA BancaImpresa(99.33%)BCC Assicurazioni(JV, 49%)BCC Vita(JV, 49.06%)[1]
Total assets €46.855 billion (2016)
Total equity €01.596 billion (2016)
Capital ratio 12.04% (Group CET1 Capital ratio, Dec.2016)

Iccrea Banca is part of the Italy company list

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