Crédit Agricole Italia | |||||||||
Native name
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Crédit Agricole Cariparma S.p.A. | ||||||||
Formerly called
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Subsidiary | |||||||||
Industry | Financial services | ||||||||
Founded |
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Headquarters | Parma, Italy | ||||||||
Number of locations
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815 (2016) | ||||||||
Key people
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Services | Retail and corporate banking | ||||||||
Profit | € | 208 million (2016)||||||||
Total assets | €52.992 billion (2016) | ||||||||
Total equity | € | 5.082 billion (2016)||||||||
Owner |
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Number of employees
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8,268 (2016) | ||||||||
Parent | Crédit Agricole S.A. | ||||||||
Subsidiaries |
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Capital ratio | 11.4% (Group CET1, Dec.2016) | ||||||||
Rating | |||||||||
Website | credit-agricole.it | ||||||||
Footnotes / references in consolidated financial statement |
Crédit Agricole Cariparma S.p.A. trading as Gruppo Crédit Agricole Italia, is an Italian banking group, itself a subsidiary of French banking group Crédit Agricole. Crédit Agricole Italia along was ranked as the 11th largest bank in Italy by total assets at 31 December 2015. The group serving Emilia-Romagna, Liguria and Friuli-Venezia Giulia, where the predecessors originated, as well as Campania, Lazio, Lombardy, Piedmont, Tuscany, Umbria and Veneto, or half of Italian regions.
The company was formerly known as Cassa di Risparmio di Parma e Piacenza and Cassa di Risparmio di Parma, or Cariparma in short; The banking group was formerly known as Gruppo Cariparma Crédit Agricole (Cariparma and subsidiaries Carispezia and FriulAdria). Since 2016, to eliminate the use of the three brands of the group: Cariparma, Carispezia and FriulAdria, the brand Crédit Agricole Italia was introduced. A common website http://www.credit-agricole.it was used since circa 2016.
Despite not a Crédit Agricole Italia subsidiary but sister company within Crédit Agricole Group, Crédit Agricole Vita places its product through Crédit Agricole Italia banking network; Crédit Agricole Corporate and Investment Bank, operated as a separate entity in Italy as a foreign company; another entity of Crédit Agricole Group (a joint venture), FCA Bank, had also signed a collaboration agreement with Crédit Agricole Italia.
Cassa di Risparmio di Parma was formed on 6 December 1859 by a decree signed by Luigi Carlo Farini. It merged with other regional bank in the last two decades, eventually became the 10th largest banking group by total assets in Italy in 2013. On 16 November 1960 the bank merged with Monte di Credito su Pegno di Busseto (Mount of Piety of Busseto).