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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